ands doing cricket in india she's wearing alexander mcqueen.ingle woman in america is going to dial-up 1-800-i want to be like kate. e to whereto get cat prada. francine: alexander mcqueen is quite a big coup. has been championing a lot of u.k. brands. on a more serious point, if you are tied to a celebrity that is doing well, there's a dampening effect on the jury demand in china and emerging markets. that is also tied to dollar. it is also tied to the terrorist attacks in europe. paul: we've got a lot of things coming together. there has been perhaps a move against conspicuous consumption for some groups and some markets. for political reasons, social reasons, there's been something of a shift. what we've also been seeing is that in emerging asia, the explosion of debt over the last few years is coming to an end. just at the point when more established markets are starting to pick up in europe, asia is now slowing down. if we look at where luxury demand growth has been, there has been this over the last 15 years. asia is a less equal society,