The Business of Fashion: Menswear, Revenue, and Style
September 6, 2013
The Big Apple’s fashion fixation is big business. In NYC, the industry generates nearly $10 billion in wages, $2 billion in tax revenues and employs nearly 5% of the city's entire workforce. So, in honor of this year’sFashion Week, I’m dedicating the next two Saturdays of The Michael S. Robinson Showto the business of style. Let’s start with menswear.
Nationwide, the menswear industry raked in a whopping $95.7 billion in revenue in 2009 and is expected to pull in $139.2 billion by 2017.
Bespoke /biˈspoʊk/ 1) a British English word that means clothing item made to a buyer’s specification 2) Also the name ofDuncan Quinn’s high end and exclusive men’s shops in NYC, LA and Miami.
Fashion Week generates over $860 milliona year for New York City, and a portion of that is almost always reserved for Ms. Audrey Smaltz, backstage management extraordinaire, and her Ground Crew.
So tune in to AM970 The Answer at 10a EST, Saturday, September 7, 2013 as I chat with Quinn, Aronow and Smaltz about menswear - the trends, the classic styles and the business- with my co-host, fashion designer of EMc2 and Project Runway Season 2 contestant, Emmett McCarthy.