New York’s Autumn-Winter Fashion Week kicked off with designer clothing houses and the luxury sector feeling well heeled in a resurgent economy.
Putting the threadbare days of the global recession behind them, global fashionistas on Thursday began gathering at Manhattan catwalks as earnings reports pointed to renewed good times.
Italy’s Prada announced turnover of 2.04 billion euros in 2010, up 31 percent on the previous year. Hermes, Ralph Lauren, Levi’s and other pret-a-porter labels also saw an upswing, mostly thanks to Asian-based consumers. Prada alone saw sales in Asia rise by 48 percent over the year, the industry publication Women’s Wear Daily reported.
At Lincoln Center, home of the New York fashion weeks, Asian fashionistas had a big presence, with South Korean, Japanese and Chinese bloggers, journalists and clients taking shelter from freezing cold outside.