Fashion Week to pull in $385 million for NYC

According to New York City Mayor Michael Bloomberg, the city’s biggest Fashion Week ever will generate more than $385 million.  Fashion Week will attract more than 115,000 visitors, all of whom will spend money on hotels, restaurants and, of course, shopping.

At the same press event, Bloomberg made a strong appeal for the value of the creative industry, noting that New York’s fashion and related retail industries support 175,000 jobs and pump $10 billion into the economy each year.

Read more here.

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