04/19/2009 05:12 am ET Updated May 25, 2011

Valentino: I Feel Lucky To Have Left Fashion

VALENTINO: I haven't, but I understand that women do not want to be thought of as uncaring in this economy. I will tell you something else: As saddened as I am to see so much financial trouble for so many people, I am personally feeling lucky that I left fashion at the right moment before these very, very difficult times.