It's a mistake to think things are as bad everywhere, because in Japan and China there is more cash than in the States. They are full of liquid assets. The big problem is that all the world wants to copy the American system.

Do I make fashion mistakes? Yes, but I won't say what.

Italian style for me is to have a sense of tradition, respect for one's roots, and a sartorial approach.

You like? You are happy? Yes? Okay, go! Go in the street.

Both Italy and Britain have a great tailoring tradition. British men are famously elegant and careful with their style: they love to have their clothes tailored, and they often have a trusted tailor who is passed on from father to son. Plus you have this great textile and fabric tradition, which has been a source of inspiration to us.

The worst times can be the best if you think with positive energy.

Twitter? No, I'd rather use phone and texts.