New York Fashion Gets $900 Million A Year On Monday.
A study conducted by the Joint Economic Committee of the United States Congress shows that New York fashion week brings almost 900 million dollars of annual revenue to the city. "It really shocked me." Carolyn Maloney, the house of Representatives Financial Services Committee, said, "as my first report on the Joint Economic Committee, I want to be shocked by fashion and the discovery."
It is reported that the fashion week in September and February brings us $887 million in annual economic impact, including $547 million in direct tourist consumption. In contrast, the fashion week of two times a year has more economic impact than the US Open, and the US open market brought in 700 million dollars in 2014. Last year, the US National Football League annual championship Super Bowl made a profit of 500 million dollars, and the New York marathon competition made a profit of 340 million dollars.
"More broadly, fashion industry is an important part of the urban economy. It employs more than 180 thousand people a year, including 16000 manufacturing jobs, paying 11 billion dollars in wages and generating nearly $2 billion in tax revenue. Maloney added that more than 900 fashion companies have set up their headquarters in the city. The report also noted that more than 230 thousand people participate in fashion shows every year. Over the past ten years, the number of fashion designers in the United States has increased by 50% over 17000, with an average wage of 73600 dollars.
"Whenever you buy clothes from New York, you are supporting thousands of jobs and a new industry. The United States is not only a great country, but also a great brand. I hope this new report will help wake lawmakers and policymakers to understand and appreciate the huge economic impact of this fashion industry. Carolyn Maloney Express.
New York Fashion Week (New York Fashion Week) and Paris, Milan, London Fashion Week, also known as the four largest in the world. fashion week It is held two times a year, the autumn and winter fashion week in February, and the spring and summer fashion week in September. Before the fashion week in New York, it was sponsored by Mercedes Benz, but in January 2015, after the Mercedes Benz announced the fashion week to change the venue, it also announced that the official name of the event will be changed. The New York fashion week will be renamed the New York Fashion Week from Mercedes-Benz Fashion Week. The rename means Mercedes Benz will no longer appear as a sponsor in the fashion week of September.
"Our relationship with fashion will not end and will continue to support the global fashion industry. We will maintain a top-level portfolio of events. We often review the returns of these events in terms of investment and general agreement. In general, it is important to note that fashion and design are the key pillars of Mercedes Benz. In the future, we will continue to support fashion. Globally, Mercedes Benz supports over 50 fashion events in 30 countries. Mercedes Benz spokeswoman in the US said.
And a few days ago, the New York men's clothing week has been officially established news. Its first fashion week will be held on July 13-16 at the Skylight Clarkson square in SOHO District, New York. Amazon Amazon and its fashion website Amazon Fashion, its menswear website East Dane and flash shopping website MyHabit will become the name sponsor. DreamWorks Animation Company DreamWorks and luxury watch retailer DFS group's watch brand Shinola will provide additional support.
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