There are outfits that cost a fortune and somehow look ordinary.

And there are outfits that shouldn’t work quite as well as they do — a good coat, a simple knit, an old pair of jeans, beautiful shoes — that look quietly, unmistakably expensive.

The difference isn’t always money.

It’s judgement.

Koda’s view is that the most convincing kind of luxury is rarely announced. It is felt in the proportion of the clothes, the quality of the fabric, the restraint of the colour and the fact that nothing seems to be asking for attention.

Luxury is often visible in what has been considered, not what has been spent.