The New York City Economic Development Corp. and Paris&Co, the economic development agency of Paris, on Wednesday said they have created the NYC-Paris Business Exchange, providing New York-based start-ups with access to business opportunities in Paris and helping Paris-based companies expand their footprints in New York.The program will help fashion, tech, arts, design, tourism, food and beverage, and sustainability companies overcome barriers that inhibit entry to foreign markets and builds upon both cities’ shared commitment to global entrepreneurship and innovation, the groups said.The NYC-Paris Business Exchange was conceived last year during discussions between New York Mayor Bill de Blasio and Paris Mayor Anne Hidalgo to further support job creation, innovation and economic opportunity by building on the international standing and bilateral partnership between both cities."In today’s interconnected world, innovation transcends boundaries and cultures," said Alicia Glen, New York's deputy mayor for Housing and Economic Development.Glen said the Business Exchange means New York will host the most cutting-edge companies from Paris and give them a taste of the city, while ensuring that New York’s emerging entrepreneurs are tapping into global markets and creating long-term business relationships.“More than ever before, emerging businesses are thinking about how to operate across multiple countries as a means to grow their companies and tap into international talent and consumers,” said NYCEDC president Maria Torres-Springer. “The NYC-Paris Business Exchange will help start-ups unlock international business opportunities, providing a launching pad for New York City companies to expand abroad and for international companies to grow and create jobs in New York City.”Jean-François Galloüin, chief executive officer of Paris&Co, said, “This unprecedented partnership between two large cities that are committed to developing innovative projects on their territory will further strengthen the links that unite Paris and New York and to foster economic exchanges between them.”Companies participating in the NYC-Paris Business Exchange must demonstrate strong potential for international expansion, a proven track record of success in their local market and a well-defined business plan. Up to 10 companies from each city will be awarded six months of free office space in the partner city, as well as access to networking, potential investors and mentors. Selection will be based on a determination of which companies would benefit most from international expansion and the prospect for the businesses to sustain an expansion in the longer term.NYCEDC is partnering with NY Media Center by IFP to provide office space for the chosen companies, and with La French Tech NYC to provide mentorship and support during their tenure. La French Tech NYC, an umbrella group launched in June that includes the French Embassy to the U.S., the Consulate General of France in New York City, the French economic development agency Business France, and the French American Chamber of Commerce, aims to give more visibility to New York-based French start-ups and help other French tech companies grow in New York. Air France, the Official Airline for the program, will provide round-trip airfare for the chosen companies.Applications are due on Nov. 30. A Web site, nycparisstartups.com, has been set up as an information source. Winners of the exchange competition will be announced in fall 2015.
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.