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Changing fashion rooms to virtual is costing host cities dear, according to Bloomberg With New York, Paris, Milan and London all looking at a second annual spring fashion season with few live shows, their city treasurers could be counting an economic cost of lost spend to the tune of $600m, according to Bloomberg data.  New York’s fashion week, which usually generates more than the US Open tennis tournament contributes to the city, began 14 February, and is being held virtually again. There are over 100 events on the calendar, including panels, presentations on live-streams and some physical runway elements. Some big brands  are not bothering taking part this year, however. The 150,000 attendees who fill Manhattan’s hotels traditionally for fashion are also mostly missing.

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