Good news for emerging designers in London (and their prospective customers everywhere): The British Fashion Council announced plans to start their own version of the CFDA in celebration of London Fashion Week's 25th anniversary - and, presumably, to do something about the many young designers that show at the Natural History Museum then fall off the face of the earth. We're not really sure how this is different from the BFC's NewGen initiative - backed by Topshop's Sir Philip Green who's also already named as the backer to this new initiative from the BFC in addition to Erin O'Connor - but hey, the more the merrier. The first awards will go out next year - could this be Poltock & Walsh's big break?
CFDA v. British Fashion Council: Which Group Gets More Help From The Government?
After the launch of the CFDA's incredible Fashion Incubator, we heard rumblings that some of the designers initially asked to join were forced to decline the invitation. Why? Because they couldn't afford the space. While we in no way think that the CFDA is to blame in this circumstance--what they do each year for fledgling designers is beyond admirable--we do wonder if the government could have chipped in a little more money so that the designers could work in the space at no cost. Most self-funded designers work out of their own homes. Which means spending $1,5000-$2,000 a month--even if that number is minimal compared to the typical cost of a similar space--is near-impossible. For this particular initiative, the City of New York shelled out $200,000. And while it's a good step, it still pales in comparison to what the City of London has done for the British Fashion Council.