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New York Fashion Week Kicks Off

Fashion Week in America began yesterday (September 10) in New York.

While the event runs until September 17, hundreds of designers, including Ralph Lauren, Marc Jacobs and Diane von Furstenberg, will unveil their new spring/summer 2010 collections before they are flaunted on the catwalks of Milan, Paris and London.

For the occasion, Diane von Furstenberg, president of the designers’ association, teamed with several celebrities, including Anna Wintour, Sarah Jessica Parker and P. Diddy, to create a buzz among the public and designers.

Approximately 175 000 people are employed in the fashion industry in New York alone, generating revenues of 10 billion dollars, much of this number attributed to consumer spending.

 

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London Is the Best Place to Shop

With the pound at its lowest and the euro at its strongest, people are flooding into London to do their shopping.

A Selfridges study shows that buyers can save between 10 and 20 percent when making their purchases in London instead of Paris or Milan.

The study compares several articles, including items for both men and women.  Although many consumers will not believe the news, the best prices are currently in London.  The city is now the place to buy.