http://www.fastcompany.com/tag/furs The taxonomy view with a depth of 0. en http://www.fastcompany.com/blog/linda-tischler/design-times/managing-meltdown-michael-burke-ceo-fendi <!--paging_filter--><p>Michael Burke, CEO of Fendi, has one bit of advice for those who feel squeamish about shelling out for pricey furs as the rest of the country goes into foreclosure: just buy better stuff. </p> <p> "People should buy for the long term," he told me at a dinner honoring Nadja Swarovski, the Austrian crystal queen, during Art Basel Miami. </p> <p>Think, he said, of the ad campaign for pricey watchmaker Patek Phillippe: "You never actually own a Patek Phillippe. You only look after it for the next generation." </p><p><a href="http://www.fastcompany.com/blog/linda-tischler/design-times/managing-meltdown-michael-burke-ceo-fendi">read more</a></p> Patek Phillippe fashion Michael Burke recession Design Fendi furs Gucci Mark Lee Design Thu, 04 Dec 2008 14:17:12 -0500 Linda Tischler 1104458 at http://www.fastcompany.com