WOOLMARK NAMES USA PRIZE PANEL: The Woolmark Co. has named its judging panel for the International Woolmark Prize USA regional final set for July 21 in New York.

Serving on the U.S. regional final judging panel are Ariel Foxman, editor in chief of InStyle magazine; Colleen Sherin, vice president and fashion director of Saks Fifth Avenue; Eric Jennings, vice president and fashion director of men’s wear, home, gifts and beauty at Saks; Francisco Costa, women’s creative director at Calvin Klein Collection; John Varvatos, chairman of John Varvatos; Nick Sullivan, fashion director at Esquire; Malcolm Carfrae, global head of communications, public relations and media at Ralph Lauren; Stefano Tonchi, editor in chief of W magazine, and Steven Kolb, chief executive officer of the Council of Fashion Designers of America.

Now in its fourth year, the competition showcases design innovation through the use of merino wool.

The 2015-16 International Woolmark Prize has added the British Isles as a sixth region, with its awards to be held in London. In addition to the U.S. regional awards, Shanghai hosts the Asia region presentation; Sydney is home for the Australian presentation; Europe’s awards are set for Antwerp, and Dubai hosts awards for the India, Pakistan and Middle East region.

The regional winners will all receive a financial contribution of 50,000 Australian dollars, or $38,135 at current exchange, toward their next collection. They will also be invited to participate in the international finals.

The men’s wear international final will be held at Pitti Uomo in Florence, in January, and the six women’s wear finalists will meet in New York in February.

“The prize continues to highlight the most innovative and modern interpretations of Australian wool in the hands of some of our future’s brightest talents,” said Woolmark Co. managing director Stuart McCullough. “Our esteemed judging panels will once again provide expert advice to guide these young designers at the early stages of their careers. The continued support of some of the most significant representatives of our industry underlines the importance of the International Woolmark Prize on the world stage.”

The Woolmark Co. is a subsidiary of Australian Wool Innovation, which invests in research, development and marketing along the global supply chain for Australian wool.

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