New York City Mayor Michael Bloomberg announced yesterday that this September 10 will be quite the day - or should we say evening - for style. Fashion Night Out, an initiative that will keep more than 100 stores across the city open until 11 p.m. and feature special in-store events, is on the calendar to boost the city financially and sartorially.

The mayor pointed out that fashion generates $10 billion annually for the city, so hopefully hosting this on the first day of New York Fashion Week will be a proportionate jump start to The Economy. Having the likes of Anna Wintour, Vera Wang, Carolina Herrera, Marc Jacobs and Calvin Klein on board should certainly increase the chances.