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Raf Simons shutters eponymous label as concerns grow over luxury’s breakneck pace

Fashion Designer Raf Simons walks the runway for Calvin Klein 205W39NYC during New York Fashion Week at the American Stock Exchange Building on February 13, 2018 in New York City. How sustainable is the speed of fashion and, moreover, how long can creatives keep up? Image credit: Angela Weiss/AFP via Getty Images

 

Raf Simons’ shuttered label signals trouble for fashion at large, in more ways than one.