Milan has ended New York's five-year reign as the world's top fashion city

Milan has ended New York's five-year reign as the world's top fashion city, while Hong Kong and Sao Paulo have sashayed into the top 10, according to an annual survey of top fashion cities.

The list was compiled by the Global Language Monitor, a US based non-profit group that tracks the frequency of words and phrases in the media, on the internet and throughout the blogosphere.

The world of fashion is dominated by five cities - New York, Rome, Paris, Milan and London - but New York had led the list for five consecutive years