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Joni Mitchell Covers 'New York' Magazine, NYFW Generates Nearly $900 Million Annually

And Zara's parent company, Inditex, has placed a permanent ban on using angora wool.
All kinds of cool. Photo: Norman Jean Roy/'New York'

All kinds of cool. Photo: Norman Jean Roy/'New York'

71-year-old folk rock star Joni Mitchell is definitely having a moment. The Canadian singer-songwriter and recent Saint Laurent model looks ethereal and as free-spirited as ever in a white Lanvin dress on the cover of New York magazine's spring fashion issue. {The Cut}

New York Fashion Week generates $887 million in economic impact annually, according to a study put together by Rep. Carolyn Maloney of the House Joint Economic Committee. To put that number in perspective, the U.S. Open and last year's Super Bowl in New Jersey brought in about $700 million and $500 million, respectively. {WWD}

Inditex — the parent company of Zara — has placed a permanent internal ban on using angora wool after consultation with animal rights group PETA. The company will be donating the remainder of its angora products, worth about $878,000, to Syrian refugees in Lebanon. {WWD}

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Angela Missoni is once again denying rumors that the fashion house is looking to sell, despite recent high-level executive departures and rumors that might suggest otherwise. According to market sources, the business was up for sale for about 1 billion euros months ago, and in December the company saw the departure of both CEO Alberto Piantoni and Diane Levbarg, executive vice president of Missoni USA. {WWD}

Homepage Photo: Norman Jean Roy/New York Magazine