Tiffany & Co. Gives $1 Million to CFDA/Vogue Fashion Fund
The CFDA/Vogue Fashion Fund has teamed up with the likes of Gap, J.Crew, and Ann Taylor in the past, but this summer, they’re getting a boost from a particularly sparkling partner.
Tiffany & Co. has announced that the company has entered into a three-year partnership with the Fund, contributing $1 million.
“As a leader in the jewelry industry, it is important to us that the next generation of talented jewelry designers is able to succeed in the face of the many business challenges they face,” said Tiffany chairman and CEO Michael J. Kowalski in a statement. “Partnering with the CFDA/Vogue Fashion Fund, this grant is intended to continue to develop jewelry as an important field of design.”
A significant chunk of the aforementioned cash will go to a former CFDA/Vogue Fashion Fund nominee; applications have been sent to the nine jewelry designers who’ve been nominated for the prize since 2004 (the year the Fund was established).
Dean Harris (a nominee from 2004), Anthony Nak (2005), Subversive Jewelry (2006), Philip Crangi (2007), Irene Neuwirth (2008), Monique Pean (2009), House of Waris (2009), Pamela Love, and Eddie Borgo (both from 2010) will be able to apply for the $250,000 business-development grant by submitting a portfolio, financial information, and information on their brand by July 8. They will then be reviewed and judged by Kowalski, Anna Wintour, Vogue senior accessories editor Filipa Fino, and CFDA executive director Steven Kolb.
“The number of talented jewelry designers who have been finalists and winners in the Fashion Fund has not gone unnoticed,” said Kolb. “In meeting with them it is clear they have a unique set of challenges unlike others in the industry. Tiffany’s support will bring significant resources to one worthy recipient to help them advance their business and grow their potential.”
In related news, check out the 2011 CFDA Fashion Awards nominees.
