Fashioned hemlines that zigzagged wildly in the s/s 2017 collections

In the world of quack economic theories, the Hemline Index is up there with the Pizza Principle and the Cockroach Theory . The adage goes that skirt lengths rise and fall with the stock market. Skirts were short in the prosperous Twenties and Sixties; in the impoverished Thirties, hems fell. The theory comes apart, however, during the war years, when despite national penury skirts were shorter than they had been before. Then there was the recession of the early Nineties,

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