For subscribers
Fashion’s recession indicators: How clothes and beauty trends are warnings of tough times ahead
Sign up now: Get ST's newsletters delivered to your inbox
Fashion and culture have long hidden telltale signs about the state of the economy.
PHOTOS: PRADA, VALENTINO GARAVANI
Follow topic:
SINGAPORE – Recession indicators have become the talk of the online world.
They typically include inflation, rising unemployment and declining gross domestic product. But not all the signs are coded in stock market fluctuations.

