Well before the pandemic, the fashion industry was struggling with the disappearance of a slew of high-end stores, including Barneys New York and Henri Bendel, each of which supported young designers. Now, the pandemic is putting many other luxury shops corresponding to Neiman Marcus additional in peril, setting off a rippling impact throughout the trade. More fashion designers work in New York City than anywhere else within the country. New York City’s fashion business employed about 4.four {158309a3fa6d8381d35803f67c7215a25bd2f071abbaea46b5e22a7c1b745473} of the entire non-public-sector and generated greater than $11.four billion in wages, in accordance with the latest Bureau of Labor Statistics’ quarterly Census of employment and wages report.
Styled by Style and Society editor Andrew Hoge, each designer wore their very own designs to showcase the ever-evolving look of Seattle fashion. The Montreal-primarily based proprietor of brands together with Gildan and American Apparel introduced a Q1 loss of $ninety nine.3 million on …