Fall Fashions take stage in New York

Flash

New York City is set to hold its semi-annual Fashion Week, foreshadowing similar events across the globe. Our reporter now takes us to a few key venues for a glimpse at why this showcase has been called the largest media spectacle in the Big Apple.

Richie Rich, Vera Wang, Vivienne Tam, and Gwen Stefani's LAMB, along with hundreds of other collections, will hit runways in New York City. Fashionistas the flood the streets to get a sneak peak for Fall 2011.

An Arkansas resident said, "It's incredible! We can't explain it! You almost have to be here! I know I sound like a little girl from the south, but it's amazing! "

Another resident said, "It's just beyond words!"

The semi-annual Fashion Week's glamorous events draw more than 200-thousand visitors from around the world. Mayor Michael Bloomberg of New York City says "There is no question about it: Fashion is vital to New York City's future. It supports more than 165,000 jobs and generates more than $9 billion in annual wages -- with the semiannual Fashion Weeks generating more than 750 million dollars for our economy." Which might explain the recent move to a larger space from Bryant Park.

Crystal Fisher said, "Here at Lincoln Center, officials from Mercedes Benz say they're excited to host more than 85 designers on their runways."

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