Australian Fashion Week returns with a bang after being canceled last year due to Covid
Australian Fashion Week has returned to the runways as a report shows the industry is contributing more than $ 27.2 billion to the Australian economy.
After being canceled last year due to the Covid-19 pandemic, the event, based primarily on Carriageworks in Sydney, is the first national fashion show to be held anywhere in the world for more than a year.
The five-day event coincides with the publication of an EY report, from High Fashion to High Vis, detailing the economic contribution of Australia’s fashion and textile industry.
Money-spinner: Australian Fashion Week has returned to the runways as a report shows the industry is contributing more than $ 27.2 billion to the Australian economy. Pictured: Candice Warner attends Fashion Week at Sydney’s Carriageworks Monday
According to the Australian Fashion Council, which commissioned it, it is the most comprehensive study of the fashion and textile industry ever conducted in Australia.
It found that the industry generates $ 7.2 billion in export revenue for Australia, while the industry’s economic impact represents well over 1.5 percent of the national economy.
The survey also found that the industry employs nearly half a million Australians, more than mining and utilities, and 77 percent of the workforce is made up of women.
Back on: After being canceled last year due to the Covid-19 pandemic, the event, based primarily on Carriageworks in Sydney, is the first national fashion show to be held live anywhere in the world for over a year. Pictured: Phoebe Burgess attends Fashion Week on Monday
AFC CEO Leila Naja Hibri said the report highlights the economic strength of the fashion industry.
“This groundbreaking report highlights the true economic impact of our dynamic and diverse industry,” she said.
Until now, the comprehensive value of the economic contribution of industry – and its predominantly female workforce – has not been fully recognized.
Big business: The fashion industry creates $7.2 billion in export revenue for Australia, while the economic impact represents more than 1.5 percent of the national economy
“Now we can better understand the impact of this sector’s important role in Australia’s creative economy and the significant potential of its future.”
The survey coincides with Australia Fashion Week, which will showcase more than 70 established and emerging Australian designers, and will pay tribute to industry pioneer Carla Zampatti, who died last month, on Monday.
Set to be the biggest fashion week since 2015, Wednesday will feature Australia’s leading and emerging designers and the collections of eight indigenous fashion designers.
The week will have a renewed focus on sustainability and it will also mark the first time in its 25-year history that the public has been invited to participate, with 41 runway shows, workshops, panel talks, master classes and live podcasts.
Romance Was Born shows its designs at Carriageworks on Monday evening with the last show on Friday evening.