NEW YORK — Although business is dismal, the fashion industry is looking toward the future.
The annual YMA Fashion Scholarship Fund dinner filled a ballroom at the Marriott Marquis here on Wednesday and raised $1 million. It marked the fifth consecutive year the organization had hit the $1 million mark. The funds will allow YMA to provide 80 scholarships, ranging from $5,000 to $25,000, to students pursuing careers in fashion.
“Our investment here can have a direct payback to our industry,” said Paul Rosengard, YMA chairman and Perry Ellis executive. “Education is the one investment that is holding its value in this chaotic environment.”
The dinner honored designer Zac Posen, HSN chief executive officer Mindy Grossman and Macy’s Central’s Les Steiger, the division’s senior vice president and general merchandise manager of men’s wear.
Posen, accompanied by his parents, was introduced by Patricia Field, who called him the “Cary Grant of fashion” and said he has brought “glamour and panache” back to the business. In accepting his YMA award, Posen delivered an upbeat message, encouraging the students to take risks, saying this is the time to reinvigorate and reinvent. “There are no rules, the game has changed,” Posen said.
Steiger urged the industry to “identify and nurture” new talent so the future of fashion remains vital, and Grossman said now, more than ever, “we have to be sure to provide the opportunities to inspire the next generation of designers and business leaders.”
The dinner, sponsored by the Geoffrey Beene Foundation, awarded four $25,000 scholarships to students during the dinner: Heber Martinez of Cornell University; Jessica Steele of Philadelphia University; Christine Wu from Parsons The New School for Design, and Danielle Sponder of Iowa State University.
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews