Her husband is the most powerful man in world politics. Now, it seems, Michelle Obama is the most powerful person in fashion.
Forget Anna Wintour or Kate Moss. According to financial analysts, the U.S. First Lady has boosted the economic value of the brands she chooses to wear by $2.7billion (£1.7billion).
The Stern School of Business in New York, which conducted a study into Mrs Obama's impact on fashion, found that a company's stock rocketed after she was pictured wearing its designs.
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