New Zealand Fashion Week 2024 has been called off, with organisers blaming the effects of the economic downturn and pressures on consumer spending on the fashion industry. NZFW announced today that it will transition the previously annual event to a biennial schedule and will move Fashion Week from August 2024 to the second half of 2025. Reduced consumer spending“But the reality is that consumer confidence is at an all-time low and the fashion retail industry has been particularly affected by the reduced consumer spending,” NZFW said. “Although we had a strong cohort of committed designers, we didn’t have enough for a robust weeklong schedule to make the event viable this year. ‘Mindful shift’“While we recognise the excitement there is around NZFW following its triumphant and successful return in 2023, demonstrating its resilience and popular appeal, transitioning to a long-term biennial programme reflects the mindful shift we see within Aotearoa’s fashion industry.

Source: Stuff May 02, 2024 10:42 UTC