O nce upon a time in the not so distant past, your average fashion scandal revolved around short hemlines in haute couture salons, models being divas and critics getting angy when a show was a few hours late. But fashion is a much bigger beast now. Bernard Arnault, founder and CEO of LVMH group, the luxury conglomerate that owns Dior, Louis Vuitton and Tiffany & Co, to name a few, recently overtook Elon Musk as the richest man in the world. It seems that the number of people watching what unfolds on the catwalk has never been greater. The financial…