Bill De Blasio Pledges $15 Million to New York's Fashion Industry, Proves NYFW Serves An Actual Purpose
Fork-and-knife pizza eater (alternatively known as New York City’s Mayor) Bill de Blasio pledged to donate $15 million to New York’s fashion industry, presumably qualifying him for a seat next to front row runway staple Anna Wintour at this year’s New York Fashion Week.
The Mayor made a formal announcement in a press conference yesterday to kick off MADE at Milk Studios in Manhattan, and the Observer reports that the money will take shape in “the form of grants, paid internships and manufacturing technology.” They also note that De Blasio acknowledged the economic stimulation afforded by New York Fashion Week during the press conference.
According to The Cut, De Blasio’s decision increases the city’s contribution to New York’s fashion industry by $10 million, up from the $5 million the fund has invested in previous years. The Cut also added that New York City is partnering with the Council of Fashion Designers of America on the NYC Capsule Collection, “which will be designed by various local talents and manufactured and sold in New York, with merchandise beginning to come into stores as early as this fall.”
No word yet on whether De Blasio has replaced Grace Coddington as Anna’s right-hand. We’ll keep you updated as details unfold.