Fashion Week brings in €1.2 billion to Paris economy

The Local France
The Local France - [email protected]
Fashion Week brings in €1.2 billion to Paris economy
Photographers take pictures of a model as she walks by the Grand Palais in Paris. Photo: AFP

While Kim Kardashian’s robbery may have over-shadowed the headlines, Paris Fashion Week still managed to bring a major economic boost to the city.


The French Fashion Institute (IFM) released a study on Tuesday that found the week long event - which consists of 300 runway shows around the city - brings in €1.2 billion in revenue.

With six different fashion weeks per year, this results in as much as €10.3 billion annually.

According to federation leaders, the industry, which is perhaps one of the more underrated in its significance, is worth up to €150 billion, or 2.7 percent of France's GDP, and accounts for up to 1 million jobs.

This tops the annual revenues of France’s aeronautic industry (the largest in Europe - at €120 billion per year) and automobile industry (at €39 billion year per year).

So despite celebrity scandals, longer queues at the city’s trendy cafés, and paparazzi-crowded parks, the Fashion Week craze carries more benefits for Paris and France than the headlines indicate.

Isabel Miller-Bottome




Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also