NEW YORK — Mayor Bill de Blasio is expected to reveal several fashion initiatives tonight as part of a multiprong policy package to stimulate manufacturing, production and investment in New York’s garment industry.
The mayor will speak at Milk Studios here at 5 p.m. to start Made Fashion Week.
“Fashion contributes so much more to New York City than glitz and glamour — it’s a hometown industry that creates jobs for hundreds of thousands of New Yorkers and generates billions of dollars in economic impact each year,” said Alicia Glen, deputy mayor for Housing and Economic Development. “We are fully committed to the city’s fashion economy and will be unveiling investments designed to help the industry grow and evolve at every part of the production cycle, from helping aspiring designers get a foot in the door to making sure the city is home to the most advanced manufacturing techniques available. We are determined to make sure that Made in New York is the hottest buzzword in fashion.”
As reported Monday, a study prepared with the assistance of the New York City Economic Development Corp. illustrated the economic clout fashion week has in the city (almost $900 million a year), generating more income for the city than the Super Bowl, the U.S. Open or the New York City Marathon.
“More broadly, the fashion industry is an important segment of the city’s economy, employing over 180,000 people, including 16,000 manufacturing jobs, paying $11 billion in wages and generating almost $2 billion in tax revenue each year,” said Carolyn Maloney (D-N.Y.). She said that more than 900 fashion companies have their headquarters in the city. Maloney is a founding member of the Congressional Apparel Manufacturing and Fashion Business Caucus.