The 10 Metropolitan Statistical Areas with the largest Asian-American populations
With their high incomes, Asian-Americans are the darlings of diversity-minded fashion firms. Asian-Americans are generally thought to be the most affluent of ethnic groups. They have an estimated buying power of $253 billion annually, according to the Selig Center for Economic Growth at the University of Georgia in Athens. One-third of Asians earn $75,000 or more per year. No wonder the fashion industry has set its sights on this fast-growing market.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)