With a pedigree that includes Oxford and a three-year Tiffany Key Rings in the public-relations and marketing department at American Vogue, the "designer agnostic" is a veteran when it comes to looking good for less. "If you're going to buy designer, play Tiffany Keys their strengths," the Knightsbridge resident advised. "Buy something in that signature Valentino red or something tailored from McQueen.
Then buy a sweatshirt from Gap because that's what they do well." For her own daily uniform? Ms. Phair relies on her McQ skinny trousers, Paul & Joe Tiffany Money Clips and Rick Owens motorcycle jackets when flitting about the globe discovering everything from Uruguayan rancher boots to knickknacks at Japan's 100 yen shops ("The equivalent of a $1 store full of quirky gadgets"). Here, she reveals the few things in life she'll splurge on and, most importantly, her well-guarded bargain shopping secrets.
The best flea markets are in Forte dei Marmi, an Italian beach town near Pisa, where I bought an amazing snakeskin handbag for 200 euros [$284]. In Tiffany Necklaces Aires, San Telmo has beautiful antiques, from silver cutlery sets to old frames. Somehow all the belongings from turn-of-the-century wealthy families have found their way to these markets. Afterward, you can stop in a confiteria to have a coffee and a toasted sandwich with tango music playing outside.
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