How the economy effects New York Fashion Week

February 2009 is just around the corner and with it comes New York Fashion Week; and seemingly the event’s sheer statistics are enough to highlight the current troubles facing the fashion industry in light of the world’s economic woes.

Last season IMG Fashion, which organizes Fashion Week, boasted more than 80 designers on its schedule. However, only 52 have been confirmed for February Fashion Week so far.

Mallis expects designers to try to save money by staging presentations instead of runway shows. Just renting a tent that seats 350 to 1,100 people costs $25,000 to $50,000 and that doesn’t include the hair, makeup, models, what have you.

Source: New York Magazine

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He was 5 when his teacher wrote on his report card “Daniel can’t sit still.” Taking it as a compliment, he’s been on the go ever since. Having flown over 590,000 kilometres in a single year (2012), he’s done much to push the boundaries of a fashioniser, always looking to fold one extra Tom Ford suit into his set of Samsonite cases and for one extra occasion to tie a tie for. As much an editor-at-large as he is Fashionising.com’s Editor-in-chief, when he's not travelling to all the fashion weeks his passports will allow him to, Daniel works on guiding this publication’s editorial and trend views. He is one of Fashionising.com’s co-founders.

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