Milan Fashion Week: Is fashion just for billionaires now?

Milan, Italy
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There comes a time during fashion week, as you look at a throng of photographers fighting to capture photos of someone very thin wearing a very dated outfit, or watch Priscilla Chan — alongside her husband, Meta founder Mark Zuckerberg — stride into the Prada show wearing the €11,500 ($13,000 and change) Prada shearling coat with the blonde collar you fantasized about owning if you one day became a multimillionaire in some fabulously ethical way, when you ask yourself: who is all this for?

Fashion has never been more omnipresent or less available. It has made itself as pervasive as pop music by livestreaming its shows and turning the race to attire celebrities into a sport. In…

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