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Which is why, as fashion historian Valerie Steele wrote in her book “The Berg Companion to Fashion” Hepburn’s dress is still “the most famous of all little black dresses.” And why it fetched £467,200 (about $604,000 in today’s money) when it was auctioned at Christie’s in 2006, making it one of the most expensive film memorabilia of all time

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And when Balenciaga closed his own atelier in 1968, he directed his heartbroken clients to Givenchy

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