![]() ![]() ![]() This transition to unassuming opulence has permeated pop culture. The contributing British Vogue editor cites the "beiges and greys, acres of cashmere knits (opens in new tab), and soft-power silhouettes" of the Fall/Winter 2023 runways (opens in new tab) -all part of what the internet has coined "quiet luxury," "stealth wealth" style, and "IYKYK" dressing. "There is an air of conservatism, restraint, and anti-show-off style spearheaded by brands like The Row, ChloƩ, Khaite, Ferragamo, Fendi, Chanel, and Saint Laurent-all presenting a much more laissez-faire, classical mien," says fashion journalist Harriet Quick (opens in new tab) . While reckoning with an unknown global financial forecast (opens in new tab), post-pandemic bruises, and precarious geopolitics (opens in new tab), the fashion industry is paring down. ![]()
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