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The latter launched his first collection in New York in 2012 after working for a number of big brands, including Helmut Lang.Though Kwon is based in Gangnam, he also has a New York showroom, indicative of the way Korean designers are beginning to branch out in the US market.In the 1990s small stores moved in, which have been followed by major designers (the biggest six are Louis Vuitton, Gucci, Prada, Ferragamo, Fendi, and Christian Dior), lured by the growing appetite in South Korea for luxury goods. Lots of Koreans are trying to express their own personality and sensibility with their clothes,” said designer Lie Sang Bong, whose inspiration is often taken from Korean cultural motifs adapted to create East-meets-West looks worn by Lady Gaga and Lindsay Lohan, among others.When asked how Psy’s success has changed the fashion landscape in Korea, Lie San Bong says, “A couple of months ago [the actor and Les Miserables star] Hugh Jackman was trying on a jacket that I gave him and asked, ‘Is this Gangnam style?

There’s also the question of where these cheap goods come from and under what conditions, and by whom, they’re manufactured. S., where consumers buy on average 64 new items of clothing each year, the fast fashion industry has come under scrutiny and been the subject of books such as Elizabeth Cline’s 2012 exposé, “Overdressed: The Shockingly High Cost of Cheap Fashion,” which chronicles the possible environmental and social damage fast fashion can cause. For existing Australian retailers, there is a more immediate kind of damage to keep an eye on.

’ Gangnam Style was a great advertisement of Gangnam in Korea.” Now a shopper’s paradise, Gangnam is packed with swarms of young people dressed in expensive designer gear on the hipster drag of Garosugil.

While global fashion brands have a major presence, local designers are increasingly proving a draw – both at home and abroad.

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