New York Fashion Annual Revenue Estimated At $865 Million, Fashion Industry Tax 2 Billion

Michael Bloomberg, mayor of New York 13, said two sessions a year. New York Fashion Week And its related industries expect to earn 865 million US dollars for New York this year.

New York City Economics The figure calculated by the development research centre is higher than the US $77 billion 600 million forecast in 2007.

New York Latest fashion Zhou held two times in February and September. The 2012 New York autumn and winter fashion week is being held on 9 February at the Lincoln center in New York, and will end on 16.

"We are the fashion capital of the world," Bloomberg said. "We will do our best to support fashion companies in New York to ensure that they are constantly developing, creating jobs and contributing to our economy here."

Supporting and developing the fashion industry is an important part of Bloomberg's development of a city's pluralistic economy. He said the New York municipal government will continue to support innovation in the fashion industry and give preferential policies in fashion design and fashion education to maintain New York's leading position in the world fashion industry.

Bloomberg's new plan includes supporting short-term MBA courses at the Fashion Institute, providing market operations, business management and retail knowledge training for promising fashion designers, providing low-cost studio for fashion designers and providing a range of support for fashion pioneer parks.

According to the information provided by the New York municipal government, there are more than 500 fashion shows in New York every year, attracting more than 230 thousand people to watch the exhibition. Garment industry New York's economy is very important. There are more than 900 fashion companies in New York, with more than 170 thousand employees, accounting for 5.7% of the labour force in New York, and bringing nearly 2 billion dollars in tax revenue to New York every year.