<P> A fashion capital is a city which has a major influence on international fashion trends and in which the design, production and retailing of fashion products--plus events such as fashion weeks, awards and trade fairs--generate significant economic output . </P> <P> The cities considered the global "Big Four" fashion capitals of the 21st century are Milan, London, New York and Paris . </P> <P> A fashion capital assumes leadership role in clothing and design . In addition, fashion capitals usually have a broad mix of business, artistic, entertainment, cultural and leisure activities and are internationally recognised for having a unique and strong identity . It has also been noted that the status of a fashion capital has become increasingly linked to a city's domestic and international profile . Fashion capitals are also likely be part of a wider design scene, with design schools, fashion magazines and a local market of affluent consumers . </P>

Who is the fashion capital of the world
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