"The truth is that all the ideas come out of here," he said.
"Before they used to be picked up by every other designer from around the world, diluted and communicated to other parts of the world and other people were making the money.
Models display creations by British born designer Osman
"Maybe now it is becoming a lot more important.
"I think Burberry, in a way, bringing their shows back to England has been very important because they have managed to bring the attention back here - that England isn't only a hub of ideas but it is also a business and there is an industry working and people are making it happen."
Rosario Dawson and Pippa Middleton on the front row at Temperley catwalk
The runways have seen a global standard of models showcasing collections, with designers including Burberry Prorsum, Christopher Kane, Erdem, Jonathan Saunders, Mario Schwab and Mary Katrantzou.
US-based media analytics company Global Language Monitor recently ranked London as the Global Fashion Capital, overtaking New York.
It said the Alexander McQueen wedding dress that Kate Middleton wore at her royal wedding moved London from third to top position.
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