“‘Project Runway’ is the undergraduate and ‘Making the Cut’ the graduate program,” said Gunn. The former Parsons School of Design teacher, Klum and Rea sat down with WWD in January to sound off on how the show reflects fashion’s new reality.

WWD: When conceiving the show, were you looking to address how difficult it is for designers, even Zac Posen, who was a “Project Runway” judge, to stay in business today?