The CFDA/Vogue Fashion Fund Awards Grants to 10 Designers
All 10 CFDA/Vogue Fashion Fund Finalists Will Receive Grants And Mentorships
The pandemic has caused an immense change to our way of life and how businesses operate, and the fashion industry is no exception. The CFDA/Vogue Fashion Fund, which since its inception was formed to aid struggling fashion designers, continues evolving to address the current challenges of the American fashion industry. This year, instead of presenting one top prize and two awards to runners-up as it has in the past, the fund is offering grants and mentorships to 10 American brands.
“After an incredibly challenging time for all of us in fashion, especially here in New York, we’re thrilled that this year we are able to support all of our finalists,” said Anna Wintour, global editorial director of Vogue and chief content officer of Condé Nast. “It’s not only a vote of confidence in their talents, but in a brighter future for American fashion.”
This year’s talented group of Fashion Fund finalists is facing an industry in the process of reinvention and transformation. The program’s new format aims to help the designers better navigate and thrive in fashion’s future.
– Tom Ford, CFDA Chairman
The CFDA/Vogue Fashion Fund was founded after the September 11 attacks to help emerging American design talent. In continuing with the spirit of finding ways to give back, the CFDA and Vogue felt they needed to rethink the Fashion Fund to better serve the fashion community in the strongest way possible. The impact of COVID has left independent labels struggling. These welcomed funds paired with the advice of other designers and retailers could be the catalyst to help these young businesses succeed.
Last year, the CFDA and Vogue also launched A Common Thread, a grant program that raised more than $4 million to support American fashion businesses. Applicants and recipients of A Common Thread were invited to apply for 2021’s CFDA/Vogue Fashion Fund, as were past CFDA/Vogue finalists and emerging designers.
Over the past 18 years, the CFDA/Vogue Fashion Fund has awarded prizes and mentorship to emerging talents who would become some of the most exciting designers in American fashion, including Altuzarra, Rodarte, Prabal Gurung, Proenza Schouler, and Phillip Lim.
The members of the 2021 CFDA/Vogue Fashion Fund Selection Committee were Anna Wintour, Chioma Nnadi, & Mark Holgate (Vogue), Aurora James (Brother Vellies & 15 Percent Pledge), Eva Chen (Instagram), Paloma Elsesser (Model & Activist), Roopal Patel (Saks Fifth Avenue), Sam Lobban (Nordstrom), Steven Kolb (CFDA), and Tom Ford (Tom Ford International).
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