Jason Wu, Alexander Wang, Vena Cava Among 2008 CFDA/Vogue Fashion Fund Nominees July 15, 2008 1:19 pm >> The CFDA/Vogue Fashion Fund has determined its ten finalists for 2008.
Last year's winner, Rogan Gregory, was announced in November and received a monetary award of $200,000, with two runners-up reiving $50,000 each. For the past couple of years, the nominees have worked with Gap as part of a limited Gap Design Edition collaboration to gain more exposure, and many have also gone on to work with Target in limited-edition runs.
This year's nominees are:
Richard Chai
Jason Wu
Alexander Wang
Irene Neuwirth
Albertus Q.
Fall 2009 Could Be the Death of More Promising Designers February 5, 2009 5:30 pm >> Fall 2009 is "the make or break season" for small designers, according to Eric Wilson of The New York Times. Stores are reducing their orders by 20 percent or more for Fall, and some are already trying to cancel their Spring orders, which puts small businesses, especially those without independent financial backing, in a tenuous position. Basically, Wilson points out, "The more stores that close, the more designers will follow." And in show season, the cost of samples and putting on a show doesn't help with the strain.
Marc O'Polo
GHD