Bling is out! Modesty is in.

The luxury industry is floundering because we're not buying it. Luxury and fashion head down from the Avenue Montainge in Champs-Elysées to Pont de Alma (RIP DS) and then jump in to the Seine River and flourish through the world. Head fashion designers have caught wind:

“This whole crisis is like a big spring housecleaning — both moral and physical... Bling is over. Red carpetry covered with rhinestones is out. I call it ‘the new modesty.’ ” Karl Lagerfeld to New York Magazine

"Luxury is an attitude just as much as a state of dress." Amy Odell for The Cut

Does this finally mean that we will see a departure from animal prints? Will the obsessive pink little girls room be replaced with builders beige?

Interior design is at a changing point, indeed. Urban density, sustainability, green design - all are changing the landscape of up-and-comming designers. Followers will be the previous generation - our now teachers, mentors and firm partners - and the will need to adapt.

"[A]n increasing awareness of our carbon footprint and the effect our style of living has on the environment will have further implications on how we construct the inside of our homes in future." Mike Steer for CNN

So, it's true. Less is more.