Communications in Humanities Research
- The Open Access Proceedings Series for Conferences
Communications in Humanities Research
Vol. 28, 19 April 2024
Open
Access | Article
The Mutual Relationship Between the City’s Economy and Fashion Industry
* Author to whom correspondence should be addressed.
Abstract
A city’s economy and fashion industry have significant impacts on its development. This paper mainly focuses on exploring how a city’s economy and fashion industry influence mutually. The fashion industry provides citizens with job opportunities and attracts famous companies and celebrities. It also serves as a platform for creativity and innovation, promoting the city’s economic growth and international influence. Since the fashion industry needed to be supported by the advanced economy, and a city’s economy also needed the fashion industry to promote it through investment and trade, they had influence mutually. Through investigations, a city’s economic growth pace is similar to the development of it’s fashion. The research findings emphasize the importance of fostering a strong relationship between a city's economy and its fashion industry in order to stimulate economic growth and enhance the city's international influence. This study highlights the innovative and creative nature of the fashion industry. The findings of this study can provide valuable insights for policymakers and industry professionals, enabling them to make informed decisions in supporting the growth of both the city's economy and the fashion industry. Furthermore, this research contributes to the existing literature by deepening the understanding of the interconnection between economic development and the fashion industry. Overall, this study emphasizes the significance of a symbiotic relationship between a city's economy and its fashion industry and the potential benefits that can be gained from fostering this relationship.
Keywords
City’s Economy, Fashion Industry, Trade
References
1. Carolyn B. Maloney (2019), The Economic Impact of The Fashion Industry, page 1.
2. Amir Somoggi (2023), Super Bowl's economic impact exceeds US$ 600 million. An analysis far beyond the most expensive 30 seconds on TV.
3. Valerie Forgeard (2023), What Were the Beauty Standards in the 1960s: From Elegance to Experimentation.
4. JEC Democratic staff calculations based on enrollment data from Parsons, FIT, and Pratt.
5. E-Marketer. (2013). Retail Ecommerce Set to Keep a Strong Pace Through 2017, Retail & Ecommerce. E-Marketer. Retrieved 5, 2015.
6. Vivian Hendriksz (2017), Key Numbers: How much money New York Fashion Week makes.
7. NYC Fashion Industry Generates $2 Billion Annually (2015), Joint Economic Committee (JEC) Ranking Democrat Carolyn Maloney (D-N.Y.).
8. Xiang, X. (2021), Factors That Influence Consumers’ Behaviors in Fashion Market. Open Journal of Business and Management.
9. Katia V (2022), Fashion consumption during COVID-19: Comparative analysis of changing acquisition practices across nine countries and implications for sustainability, Apparel spending 4.22.
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open Access Instruction).
- Volume Title
- Proceedings of the International Conference on Global Politics and Socio-Humanities
- ISBN (Print)
- 978-1-83558-363-0
- ISBN (Online)
- 978-1-83558-364-7
- Published Date
- 19 April 2024
- Series
- Communications in Humanities Research
- ISSN (Print)
- 2753-7064
- ISSN (Online)
- 2753-7072
- DOI
- 10.54254/2753-7064/28/20230138
- Copyright
- 19 April 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited