Chinese style cuts a dashing figure
Last year, annual luxury spending by Chinese consumers exceeded 770 billion yuan, accounting for more than one-third of the global total, according to management consultancy McKinsey & Co. At the time, the company forecast that 2019 would be the first year in which China would overtake the US as the world's largest market for fashion and luxury items. In 2015, at the annual exhibition held by the Metropolitan Museum of Art in New York, some 130 haute couture dresses and ready-to-wear items showcasing the impact of Chinese design on Western fashion were displayed. Titled China: Through the Looking Glass, the exhibition included works from almost every recognized designer and leading fashion house, including Karl Lagerfeld, Yves Saint Laurent and Tom Ford. Footage of a yellow caped gown, with a train nearly 5 meters long worn by the singer and fashion designer Rihanna on the red carpet at the event's opening ceremony, went viral.
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