News & Press: Business News

In the Spotlight - Fashion

Thursday, August 1, 2019  
Share |


New York City is a global center of fashion, offering a large pool of creative talent, retail space in highly-trafficked locations, some of the best producers and fashion schools, and more headquarters of fashion designers and retailers than any other city in the country. A cultural and economic driver, New York City’s fashion sector includes:

  • -900 fashion companies
  • -183,000 employees
  • -5.5 percent of the city’s workforce
  • -$11 billion in wages
  • -$2 billion in annual tax revenue
  • -500,000 tradeshow visitors
  • -$18 billion in retail sales
  • -$72 billion in wholesale sales
  • -$8 billion in manufacturing annual sales
  • -$887 million total economic impact of Fashion Week

NYCEDC provides a suite of initiatives aimed at developing the Fashion sector and ensuring the sector’s future as a global leader.

Federation of Credit and Financial Professionals

  2560 US-22 Highway #323
  Scotch Plains, NJ 07076

About us
Contact us
Become a Member

Follow our socials: