SEATTLE--(BUSINESS WIRE)--Beginning March 1, and continuing through March 31, Fashwire will donate $1.00 for every download of the Fashwire App (App Store and Google Play) to the Council of Fashion Designers of America (CFDA) to support the 25th anniversary of the CFDA Scholarship Program.
“Through Fashwire’s philanthropic arm, we have long been committed to donating $1.00 a download to charitable causes,” stated Kimberly Carney, CEO and Founder of Fashwire. “The mission of the CFDA, which is to strengthen the impact of American fashion in the global economy, and its 25-year commitment to education through the scholarship fund, is entirely in line with our goal to transform the fashion industry and gives our engaged designer base powerful exposure through our two-sided marketplace.”
Both Fashwire, which has a portfolio of 350+ designers from more than 40+ countries, and recently launched GlossWire are innovative, two-sided global marketplaces delivering real-time trending data of consumers shopping patterns for their respective industries.
In 2021, the Council of Fashion Designers of America celebrates the 25th Anniversary of the CFDA Scholarship Program, marking a milestone in supporting exemplary talent. With the organization’s continued commitment to education, $250,000 will be awarded through the 2021 CFDA Design Scholar Awards, of which the CFDA has earmarked $75,000 for COVID Relief Scholarships within these anniversary funds. The CFDA COVID Relief Scholarship is a $75,000 discretionary fund. Scholarships will be awarded to students who are experiencing with hardship as a result of the pandemic.
“The CFDA is incredibly proud to mark this milestone for the CFDA Scholarship Program, which, over the past 25 years, has provided many young talents with the opportunity to build careers in the American fashion industry,” said Steven Kolb, CEO of the CFDA. “Now more than ever, students need our support to succeed. They are the next generation of fashion designers, thought leaders, innovators, and activists, who will collectively move our industry forward. We thank Fashwire for the partnership, and tor helping us with additional funding to invest in the future of fashion.”
Fashwire’s global platform, a 2-sided marketplace, provides over 350 designers from more than 40 countries vital insights into consumer shopping patterns by using swipe technology to collect real-time trending data. Designers can then leverage that data to make smarter product decisions — navigating consumer demand and improving margins.
For the consumer, Fashwire’s solution creates a compelling interactive shopping experience meeting the demand for personalization through its social tools, such as swiping, liking and commenting to engage the consumer and build community. Giving designers real-time valuable insights through a fun and seamless experience for users is what makes Fashwire the digital front runner in real-time consumer global business interaction and intelligence. The company has raised $3M to date and is backed by a range of all-star private angel investors. Fashwire recently expanded into the multibillion-dollar beauty industry with its launch of GlossWire. For more information, visit Fashwire at www.fashwire.com.
The Council of Fashion Designers of America, Inc. (CFDA) is a not-for-profit trade association founded in 1962 with a membership of 477 of America’s foremost womenswear, menswear, jewelry, and accessory designers. Pillars include Diversity, Equity, and Inclusion through the IMPACT initiative, as well as Sustainability in Fashion. The organization provides its Members with timely and relevant thought-leadership and business development support. Emerging designers and students are supported through professional development programming and numerous grant and scholarship opportunities. In addition to hosting the annual CFDA Fashion Awards, the organization owns the Fashion Calendar, is the organizer of the American Collections Calendar, and recently launched RUNWAY360. The CFDA Foundation, Inc. is a separate, not-for-profit organized to mobilize the membership to raise funds for charitable causes and engage in civic initiatives.
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