Asia's growing economic clout -- and the millions willing to spend top dollar on luxury lifestyles -- were the buzz words at Singapore's fashion festival, an annual event the country hopes will eventually become as important as counterparts in the United States and Europe, as well as the fashion gateway for the region."Western designers have realized there's a great deal of money to be had in Asia and they can see that customers in China and India are moving very quickly toward becoming consumers of the very highest level," Colin McDowell, creative director of the Audi Fashion Festival, told Reuters. Full Story
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