Fashion Incubators flourishing worldwide
By FashionUnited
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Case in point: London’s Centre for Fashion Enterprise, which was established in 2002, and offers young designers amongst other things studio space, mentoring, business and financial help. Moreover, research is proving across these incubators – of which London boasts a few of these not for profits, including New Gen, Fashion East, Vauxhall Fashion Scout – that a high percentage of designers(sometimes around 85%) who have come through these platforms actually go onto flourish, where survival rate in this climate is low.
Whilst the incubator idea is spreading far and wide as fashion is proving to be an economically resourceful industry for cities. Supporting fashion businesses does not just benefit cities or industry organizations, it also secures the future of retailers. That awareness appears to lie behind Topshop’s and Topman’s sponsorship of the Fashion East incubator in London and the Macy’s department store incubators in Chicago, Philadelphia and San Francisco.
By 2010, so many fashion incubators had been established that a global association, the International Fashion Incubator Network, was created. The organization now has 150 members, many of which are not just in fashion capitals.
In Australia, Design Edge offers a virtual program. And in Amsterdam, the NL Fashion Incubator Foundation stages fashion shows, exposing designers to the news media and buyers.
And nor does there look to be any slowing down on the services they are offering; where in Singapore, the Action Community for Entrepreneurship has created 7,900 square meters, or 85,000 square feet, of retail space at the Millenia Walk mall. The Maisons de Mode in Lille, France’s centre for textile manufacturing, also provides low-cost boutique space that has helped revitalize the city.
Centre for Fashion Enterprise
fashion incubators
Lisa Smilor