New York has regained the crown of world fashion capital of 2010 wresting the title from Milan.”As the global fashion industry adjusted to the new economic reality, New York rebounded to the No. 1 spot it has now held for six of the last seven years,” says GLM’s Rebecca Payack in a statement.”This year’s list of the top fashion capitals shows the global fashion industry to remain in flux, with the relative decline of some of the previously leading players and formerly regional players emerging as significant new influences,” Payack says.The world fashion business is estimated to be over USD three trillion.
Hong Kong Asian Fashion
Hong Kong came second. Hong Kong’s second place is the highest ranking ever for an Asian city and it is for the first time that the number two spot goes to anyone other than the classic four – New York, Paris, London and Milan.
London Fashion Trends
London finished third.
Paris Fashion Trends
Paris ranked fourth.
Los Angeles Fashion Capital
Los Angeles was ranked fifth.
Milan Fashion Trends
Milan, which ended New York’s five-year reign as the top fashion capital in the annual survey last year, has been relegated to the sixth spot.
Sydney Fashion
Sydney followed Milan by finishing seventh.
Miami Fashion Trends
Miami was eighth.
Barcelona Fashion Trends
Barcelona was ranked ninth.
Madrid Fashion
Madrid got the 10th place.
Indian cities Mumbai and Delhi fell out of the top 20. While Mumbai finds itself in the 28th position, Delhi is in the 30th spot. Last year, Mumbai was in the 16th place and New Delhi 17th while in 2008, the two cities were in the 22nd and 24th spots, respectively.
This year, the list was expanded to 40 from 30 to reflect the various emerging and diverse players affecting the industry.The other Asian cities in the top 40 are Shanghai (12), Tokyo (14), Singapore (15), Dubai (21), Bali (32) and Bangkok (35).
