New yorks fashion industry continues to shrink – Breaking News & Latest Updates 2026
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New York’s fashion industry continues to shrink.

A new study found the number of people working in fashion in the city has dropped by nearly 30 percent since 2014 — just as Fashion Week kicks off on Friday.

The US fashion industry has been declining for decades, but companies like Shein and Temu threaten it even further. I recently discussed the rise of ultra fast fashion on Slate’s What Next podcast.

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