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Bloomberg: Fashion Week brings city $865M

Fashion Week is bringing a pretty penny to New York's economy.

Mayor Michael Bloomberg said Monday the semiannual extravaganza at Lincoln Center and other venues is expected to pump a record $865 million into the city's economy in 2012, up from an estimated $773 million in 2007.

Spending in hotels, restaurants and stores will generate $532 million this year, according to the New York...

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