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If you think Fashion Week is basically one big, glamorous trade show, then you’re correct — but it’s also a huge cash cow for New York City — it’s on track to generate some $865 million this year alone. And Mayor Michael Bloomberg announced yesterday that he’s doing everything he can to keep that money coming in year after year.
The Council of Fashion Designers of America has decided to leave its offices in New York’s Garment District for more space farther downtown. The move has some designers questioning the group’s commitment to the Midtown neighborhood, which has seen declining occupancy by actual producers of clothing over the past few decades.
Diane von Furstenberg kept hundreds of people rolling in the aisles at last night’s TimesTalk, hosted by NYT reporter Eric Wilson. Her comments on being a young designer, It bags, and how the wrap dress can get you laid after the jump.