Any young designer start-ups out there looking for investments to reach the next phase of growth? Well, the venture capitalists are back.
Overall VC investments, which hit a high of $100 billion in 2000, were around $25 billion last year after the economic meltdown and are expected to rebound to about $30 billion this year, financial sources estimated. And while it’s too early to tell what percentage of the share of VC funding will go toward fashion and retail, VC firms are already trawling for firms to back given the growth opportunities they present.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"