Resonance, a New York-based manufacturing company that partners with such designers Pyer Moss and The Kit, has announced new fashion funds for Black fashion designers in an effort to help strengthen Black Lives Matter Movement in the world of fashion.
As reported by Business Mode, ResonanceThe proposed initiative will provide ten Black designers with a total of $ 50,000 in cash and services to assist them in creating and maintaining their own fashion brands. Nicknamed “Be Resonant,” the company also launched an initiative on its Instagram account.
According to the company post, applications for new funds were received from June 8 and, per BoFThe submissions will be judged by panelists, who have not yet been announced in the coming weeks. Winners will be selected at the end of June, with the official program starting on July 1.
Resonance expects to sell products from selected designers on its platform in August. “This is a crisis and an opportunity,” Lawrence Lenihan, chairman and founder of Resonance said of the new fund, according to BoF.
Resonance’s decision to announce the new fund was made on the basis of several other designers and brands who had promised their support to the Black and community A business owned by black people following the death of George Floyd and next protest which has been carried across the US and beyond. Some brands have been brought to social media with messages, others have promise money, and some are donations continue from the sale.
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