To me a big part of the problem is that Fashion and Luxury have become obsessed with money.
Not a single one of the artists we love, from Vionnet to Lacroix, went into Fashion to make lots of money. Money was a mean to sustain your project, but not the finality.
Jacques Fath wasn't obsessed with money. He was obsessed with a certain idea of a woman and with doing the most astonishing gown you've ever seen.
Now, most of the houses that after all we love, are in the Stock Exchange.
If their yearly growth is under two digits, drama. You are a loser.
But if the collections are bad, nobody cares (as long as they sell).
The fact that they only owe economical explanations (the reports to the shareholders) speaks volumes about what part play creativity, integrity and excellence in this industry.