The Council of Fashion Designers of America and Vogue have redesigned the format of CFDA / Vogue Fashion Fund 2021.
An evolution of the 2020 A Common Thread initiative, which provided financial assistance to members of the fashion community impacted by the COVID-19 pandemic, the 2021 program will address the challenges facing the US fashion industry. .
The selection committee was expanded to include Tom Ford, President of CFDA, Aurora James, Founder of Brother Vellies and the 15% Pledge, and Sam Lobban, Senior Vice President, Designer & New Concepts, Nordstrom. They join returning judges Anna Wintour, Chioma Nnadi and Mark Holgate of Vogue, Steven Kolb, CEO of CFDA, Eva Chen, director of fashion partnerships at Instagram, Roopal Patel, senior vice president, fashion director of Saks Fifth Avenue, and model and activist Paloma Elsesser.
The CVFF app will open on March 10, and unlike in previous years, the 10 finalists will receive funding and mentoring based on their designated areas of need. Grants were previously reserved for the top three designers. The app is open to emerging designers as well as former CVFF finalists and designers who received last year’s A Common Thread funding.
“The CFDA / Vogue Fashion Fund was born out of a time of crisis, and given where we are now, it is important that we continue to give back like never before,” said Anna Wintour, Editor-in-Chief and Vogue’s Global Editorial Director and Global Director. content officer, Condé Nast. “After last year’s A Common Thread initiative, we decided to rethink our 17 year fund to serve our designers in the best and strongest way possible.”
Kolb of CFDA added, “The designers face huge challenges and need a lot of support to navigate this time around. We firmly believed that this was the right time to evolve the Fashion Fund, provide funds and advice to the 10 finalists and give them an equal chance to survive and thrive in our industry.
Last year, A Common Thread raised over $ 5 million, with more than 160 grant recipients over five cycles. A Common Thread also donated $ 1 million to Harlem’s Fashion Row ICON 360, which was created to support color designers who are pivoting their businesses during the pandemic.
The 2021 CFDA / Vogue Fashion Fund is supported by Instagram, Nordstrom, Saks Fifth Avenue and Vogue.
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Harlem Fashion Row Sets Agenda for Third Annual Digital Fashion Summit
A common thread announces that 36 companies will receive grants in the second round
CFDA creates program to provide more opportunities for black talent in fashion
When it comes to diversity in fashion, there is a lot of work to be done.
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