New York City Named Fashion Capital of the World: New York City has stolen the title back as the fashion capital of the world, according to a recentstudy released by The Global Language Monitor. London, which was named the reigning capital for both 2011 and 2012, was inched down to third place, below Paris (named "The Top Global Fashion Capital for Haute Couture), which landed the number two spot. “New York City has, indeed, earned its Top Global Fashion Capital ranking through its disciplined, methodical yet creative approach to its fashion industry,” Bekka Payack, the New York-based Fashion Director for The Global Language Monitor said. ”This year’s rankings also demonstrate the creative energy that is emerging worldwide in terms of fashion as a jobs, income and wealth generator, not to mention the prestige associated with exporting your fashion sense to the world." Other cities featured on the top ten list include Los Angeles, Barcelona, Berlin, Antwerp, Sydney, Rome, and Shanghai