Karl Lagerfeld: Luxury still desirable in new markets
The fashion designer Karl Lagerfeld has said that the global financial downturn has meant you have to work extra hard to persuade people to part with their hard-earned cash.
He told the BBC's Tanya Beckett that his job is to create desire and envy for his products, and that luxury goods will always have a market.
15 Oct 2012
- From the section Business