Quote of the day

“Our regular client was not queuing [for the sale] on January 3-4 in Milan or Rome but was on the slopes in St Moritz or on a boat in the Caribbean. If I lower the price of an evening gown from €7,000 to €5,000, or that of a couture collection bag from €2,300 to €1,700, it doesn’t change much.”
Versace CEO Giancarlo Di Risio