No, new York "is" "A" Fashion Capital, but is not "the" Fashion Capital.
There are many Fashion Capital's......
Here are the top fashion capitals of the world.....
1. London, England
2. Milan, Italy
3. Paris, France
4. Rome, Italy
5. Tokyo, Japan
6. New York, USA
But, out of the top 6, The Fashion Capital of the World is: London England.
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New York City is not a capital of New York. U.S. states have only one capital, and the capital of New York State is Albany.