And while its a no brainer that all designers will acknowledge the economic crisis in their latest collections, the response has been varied with some designers choosing to face these austere times head on (showing us all how to dress through troubled times), and others railing against the recession with an OTT optimism that looks back to better days.
Donna Karan did nothing to hide her vision for the new economic landscape, 'women need a system of dressing like nothing before', she stated in her show notes, quintessential pieces that take her day into night. Cue glamorous jersey separates to mix and match, luxe wool coats and power tailoring, reminiscent of her eighties archive. These were investment pieces that screamed grown up, serious dressing for serious times ahead.
At Thakoon wearable pieces for every woman featured. City-sleek wool culottes for work will keep his twenty-something followers happy, and frothy tulle covered prom dresses should please his newest fan, Michelle Obama. The pressure to stay buoyant was apparent in a mixed bag collection that had every base covered.
Last but not least, yesterdays fashion highlight came as Marc Jacobs collection closed Mondays shows. Although Jacobs made concession to our cash strapped times off the catwalk by scaling back the size of his show, shunning big sets, a celebrity guest list and cancelling his after-show party, on the catwalk he rebelled against the recession by looking back to the affluent and colourful New York of the eighties.