NEW WEB SITE GIRLFOTO.NET

Buyers from top U.S. firms Saks Fifth Avenue and Neiman Marcus had jolted London Fashion Week by skipping it this year on grounds that the recession concerns and a strong pound had made Britain's designers too expensive.

Graeme Black, who unveils his autumn-winter collection on Friday, caters for the Russian elite who think nothing of a shopping trip abroad and have made their country the world's fastest growing emerging market for luxury goods.

"In Russia there is an amazing excitement, a euphoria for things that are new," Black said in an interview with Reuters.

"They don't mind spending money but want something very special and unique. There's no price resistance," said Black.