CLASSIC Left: Giorgio Armani, the King of Milan fashion, triumphed again. His Spring Collection was hailed for being sensual, elegant and wearable. For day, he showed several long, fluid one- button jackets over pants, shorts, and short skirts. Opposite page: An evening version of Giorgio Armani's long jacket has delicate rhinestone beading and fringe. He teams it with shorts in washed silk. Barely tinted hosiery and sling-back spectators complete the outfit. music starts and the world's most famous models come sashaying down the stage, women who com- mand $3,000 for a single show. Jerry Hall, Mick Jagger's significant other, used to command an unbelievable $10,000 per show and they said she was worth every dime because she knew how to wear, and ultimately sell, the clothes. Although it seems the camera flashes will never end, they do. A pause. The audience waits for the fashion elite to initiate the applause before joining in. The designer makes a final appearance to bow and accept a bouquet of roses. As successful as some designers are, nevertheless insecurity is ram- pant. One bad season can mean a fall from grace and financial ruin. Their businesses are literally wagered each season, with tremendous monetary commitments for fabrics and contrac- tors long before the first garment is sold. Designers can quickly gauge the strength of their collection by the reaction of trusted journalists and buyers after the show. If they lavish praise, the line is a hit; if they are only polite and gracious, it's in trouble. Either way, afterwards there are usual- ly VIP receptions, and sometimes ex- travagant parties at night. The Spring '91 Collections have a markedly different flavor from the ex- cesses of the Eighties. Romeo Gigli set the tone a few years ago with his pared-down peasant look. Although he never fully caught fire in the U.S., he forever changed the way Italy dresses, and designs. Gigli stripped away excess. Gone were the bold geometric shapes, the exaggerated silhouettes, the bright colors. His statement was distinctly anti-fashion, returning as it did to the natural form, to drape and to soft earth tones. Italy's trendsetters em- braced the look as a reaction to years of overstated grandeur. It became fashionable not to be opulent, though the key was understatement. Those in the know recognized that Gigli never skimped on luxurious fabrics. Within Italy's design community, there are still a few mavericks such as Moschino who continues his singular path of fashion irreverency: poking