Deputy Leader Luthfur Rahman OBE said: “The impact of the decision by CHANEL to hold its prestigious Métiers d’Art show here in Manchester is something that is already resonating with people around the globe and is going to continue to be felt by the city for quite some time.
“It speaks volumes about the regard in which Manchester is already held across the world, but more importantly it also sends a clear signal to international businesses and the international visitor economy that Manchester is the place to be.
“It’s impossible at this stage to even begin to quantify the economic impact hosting the event has had on the city, or to put a figure on it. The true impact will involve not just the direct spend and income generated within the city over these last few weeks leading up to and during the event, but also the longer-term benefits that will come from the massive boost to Manchester’s profile that CHANEL has given the city, that in turn translates into more visitors coming to see what Manchester has to offer, and more businesses choosing to invest here.
“It has been without doubt quite a moment for Manchester, not least coming as it does off the back of many other significant moments for the city this year, that together place Manchester in absolute pole position on the world’s stage for the years ahead.”