
‘Fun and sexy – plus it’s got pockets’: Melbourne’s fashion set fall for floor length hems | Australian fashion
According to the hemline index theory, skirt hems rise and fall with the stock market. In boom times miniskirts prevail, reflecting the flirty party mood. When stocks are down, hemlines fall to the ankle, reflecting concerns that beget conservatism and the need to be demure. At Melbourne Fashion festival this week, hemlines off and on…