THE IMPACT OF LUXURY DUPLICATES

 

New York Fashion Week (NYFW), a bi-annual event showcasing Fall and Spring designer collections, generates $887 million annually—surpassing even the U.S. Open and Super Bowl. NYFW also supports 180,000 jobs, pays $11 billion in wages, and contributes $2 billion in tax revenue each year.

This committee will feature delegates from four key sectors: designers, retailers, news outlets, and models.The designer fashion industry currently faces mounting competition from counterfeits and suffers $50 billion in annual losses due to knock-offs. The topic is focused on combating counterfeit designer goods and other illicit products. Delegates will be expected to navigate their roles within a hybrid specialized committee. Debate will alternate between a traditional general assembly format and elements taken from crisis committees.