The Bombay blowout hinted at a kind of fin-d�epoque lavishness that the luxury-goods industry has grappled with for a few years now. Throughout the economic upheavals of the last three years, high-end fashion houses have sought to balance the escapism that clients often buy into to justify a splurge with a new frugality and changing perceptions of wealth, as captured by the Occupy Wall Street movement.
Mr. Lagerfeld said this collection � dedicated to the craftsmen who manufacture for Chanel � is �a struggle against morosity even with what little remains,� Mr. Lagerfeld said after the show. He described India as a country where �even the poor have dignity�even poor women own three gold bracelets.�
The clothes and accessories were strictly for the 1%.