• FIT and NYCEDC Reveal Winners of Design Entrepreneurs NYC Class of 2016

FIT and NYCEDC Reveal Winners of Design Entrepreneurs NYC Class of 2016

NEW YORK — The Fashion Institute of Technology and New York City Economic Development Corp. revealed the winners Thursday night of the fifth class of Design Entrepreneurs NYC, a free, intensive “mini-MBA” program that teaches emerging New York-based fashion designers how to run a successful label. After 12 finalists presented their business plans, Haerfest, a leather accessories line founded by brothers Timothy and Daniel Joo, was selected as the winning company. The company will receive $100,000 to implement its business plan. Haerfest is sold to stores such as Club Monaco, Opening Ceremony and Steven Alan, as well as its own web site. Megan Balch and Jaime Barker of Flagpole, a swimwear and athletic wear brand, received the second-place prize of $50,000 to implement their business plan. The 2016 second place award was provided by Michael Gold, president of YM, Inc., in honor of his father, Israel Goldgrub. Flagpole is available at such stores as Barneys New York, Net-a-porter, Saks Fifth Avenue, Lane Crawford, The Apartment by the Line and their own web site, flagpoleswim.com. The company recently forged a collaboration with Oscar de la Renta. “DENYC has been amazing,” said Daniel Joo. “In New York City, you’re on the grind every day and you’re so focused

Follow WWD on Twitter or become a fan on Facebook.

Read More... Source: New feed
No comment present.

New comment

Required fields are marked with an asterisk.