Ten Companies From the Designers Hub to Receive $150,000 in Funding

  • 📰 wwd
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

Bethann Hardison and the Council of Fashion Designers of America have revealed the 10 recipients of funding from the Designers Hub grant.

Established by Hardison with help from the CFDA, the Designers Hub champions Black designers and Black-owned fashion brands and businesses, offering guidance and growth opportunities. Made possible by the CFDA‘s and Vogue’s “A Common Thread” fund and supported by Tom Ford International, the financial support is geared for businesses dealing with economic fallout caused by the coronavirus crisis.

In total, $150,000 is being distributed among the 10 recipients with each receiving about $15,000. After reuniting with the members of the Designers Hub in June for the first time since February, Hardison wanted to know how they were doing and she learned about the struggles they were facing. Ford said in a statement, “I have enormous respect for Bethann and her important work to bring diversity and equity to fashion. As both an American designer and chairman of the CFDA, I am happy that we are able to support the Designers Hub and help Black talents build their businesses, make their voices heard and leave their mark on the industry.”

About two months ago she learned via the aforementioned e-mail that Ford’s donation to A Common Thread was to be earmarked for her group. The funding will help the 10 companies pay invoices, buy fabrics, cover the costs of having garments finished and other expenses.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in US

United States United States Latest News, United States United States Headlines