New York Fashion Tech Lab is changing its theme for the class of 2016.The early-stage start-up accelerator, which has already had two incubator programs since its inception in 2014, will help Springboard Enterprises celebrate its 15th birthday by focusing solely on early- and growth-stage, women-led fashion technology firms to join next year’s class. Applications for the class, which it is now accepting, must have at least one woman on the management team with a significant equity stake. Firms could be involved in 3-D printing, business intelligence, fit-tech, geolocation, point of sale and stockkeeping-unit intelligence.The fashion tech accelerator is funded mostly by retailers, with some backing from Springboard Enterprises and the Partnership Fund for New York City. The venture capital funding is used primarily for back-office operations. A key aspect of the fashion tech accelerator is its mentoring component during the incubator period with sponsor firms in the fashion, retail and beauty industries.Over the past 15 years, Springboard has assisted many women-led early stage firms in a wide range of industries that include many milestones: 599 women-led portfolio companies; $6.8 billion in capital raised; 150-plus mergers and acquisitions transactions, and 11 initial public offerings.Amy Millman, Springboard’s cofounder and president, said, “The fashion tech accelerator is premised on looking at the needs of large corporations, both brands and retailers, and what’s on [their] wish list….We’re seeing in every sector, especially in fashion, that people who are coming up with the solutions needed are not necessarily from the industry [the solution is aimed at].”One area in fashion tech that Millman said continues to gain traction is the wearables market, although data and consumer behavior still have the attention of companies that are focused on omnichannel.Karen Moon, the chief executive officer and founder of market intelligence platform Trendalytics, participated in the inaugural class in 2014. Moon, who had angel investors prior to her NYFTL experience, was able to secure additional investors for a seed round through contacts in the program.Cathy Han, ceo and founder of intuitive data analytics firm 42technologies.com, was in NYFTL’s second class this year. Since she completed a fundraising round before the lab started, her experience was focused on forming new business connections with firms that she otherwise would not have had access to on her own.
For its next men’s wear collection, @roberto_cavalli will show as a special guest at #PittiUomo, running from June 12-15. The brand, which has Florence in its roots, will relaunch its men’s wear collection, which will be presented separately from women’s wear for the first time since Paul Surridge was appointed creative director in May. #wwdnews #wwdfashion (📷: @aitorrosasphoto)
“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 at the @sxsw conference for @createcultivate, the online platform and conference series for women. 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.