Has NYC ‘lost its fashion luster’? With future of NYFW under ‘threat,’ here’s what to look forward to this week

Is New York Fashion Week so last season?

Well, a new report says that burgeoning costs, a shrinking style sector and low enrollment in local design schools are threatening to topple Gotham as the global fashion hub.

Published on Wednesday, two days ahead of NYFW’s opening day, the study from the nonprofit Partnership for New York City details the hardships plaguing the city’s garment biz, which saw a loss of more than 50,000 jobs — a 30% decrease — over the past decade, and declares that the Big Apple “has lost a bit of its fashion luster.”

“The fashion industry has been declining for years, but it is an important industry to maintain in New York City,” media executive Eric Gertler, who previously worked in economic development at both city and state levels, told The City.

“It’s not just about nostalgia. It’s part of the fabric of the city, pun intended, and adds to the dynamism of New York.”

Fashion insiders have indeed expressed concern that the sparkle has faded. GQ declared NYFW dead, while Vogue said those who believe it’s “over are simply not going to the right shows.”