New Zealand Fashion Week says it is cancelling its 2024 season amid the "economic downturn and pressures on consumer spending".
In a statement on Thursday afternoon, the owner of New Zealand Fashion Week Feroz Ali said it had been a difficult decision.
"Although we had a strong cohort of committed designers, we didn't have enough for a robust weeklong schedule to make the event viable this year," Ali said.
"We have listened to the industry, and carefully considered and taken on board the feedback from designers around the country, who tell us they need dedicated time and space to focus on their core retail business."
Ali also said the event, which is held in Auckland, would return in the second half 2025 as it shifted to being a biennial event. This was due to it being impossible to overcome the economic downturn, but also due to issues around Auckland's infrastructure, Ali said.
"The reality is that consumer confidence is at an all-time low and the fashion retail industry has been particularly affected by the reduced consumer spending."
"With such strong economic headwinds, it has become clear this year is a time for consolidation. A pause will also allow time for the Wynyard Quarter crossing bridge to be repaired, its continued closure presenting a significant challenge for public attendance and access to the Viaduct Events Centre."
