The Fashion Industry
Beyond the glitz and glamour of fashion weeks and photoshoots, the fashion industry is a $900 Billion a year industry in the U.S. Dayton is nestled between the headquarters of 2 major fashion based companies; Macy's in Cincinnati which is worth an estimated $20.99 Billion and The Limited Brands in Columbus which is worth an estimated $3.2 Billion.
Fashion is more than just the clothes on our backs or entertainment; fashion is an opportunity for economic growth for the City of Dayton which has one of the fastest growing economies in the U.S. according to Forbes 2013.
For more than 30 years it was Dayton's close proximity to Detroit, easy access to 2 major Highways I-75 and I-70, and our railway systems that made the Miami Valley a Gem for the Auto Industry which added millions of dollars and spurred economic growth throughout the Miami Valley every year. When the auto industry collapsed in 2008, the Dayton area was devastated by the losses of General Motors, Chrysler, and DELPHI; the closing of these plants cost nearly 40,000 jobs in the area.
It is the ultimate goal of (DE-FI) to take advantage of our close proximity to the Headquarters of Macy’s and the Limited Brands which also include Victoria’s Secrets and Bath and Body Works and attract garment manufacturers to the area much like the City of Cleveland attracted Hugo Boss until 2015 which contributed close to $150 million a year to the Cleveland Economy.