It's London Fashion Week, and the couture world is abuzz with its latest smorgasbord of designs.

But, even as the models get their hair done and their makeup perfect, there is talk of a tightening of belts, and that has nothing to do with the latest look.

The credit crunch could be leading to a couture crunch and the fashion world is taking a tentative look at what that could mean.

--Reuters

Duration: 1 min 58 sec