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2008: the year in style

through ups and downs, 20 reasons to celebrate fashion

What goes up must come down. Last year at this time, we commented on the rise of irrational exuberance. In 2008, the world landed with a loud and well-documented thud. But before we swap our Louboutins for sackcloth and ashes, let's take a moment to cherish fashion in all its beauty, vitality, and fun (remember fun?). Because you can knock it all you want, but if it wasn't for fashion, you'd be reading this naked…

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