The BFC has announced the second round of grants from the BFC Foundation Fashion Fund, aimed at assisting creative fashion businesses and individuals in overcoming the challenges posed by the Covid-19 crisis. With an additional £500,000 raised to support British designer labels, the fund seeks to safeguard the industry from the unprecedented disruptions caused by the pandemic.
Well-known designers such as Marques’ Almeida, Molly Goddard, Preen by Thornton Bregazzi, and Nicholas Daley were among the recipients of the grants, chosen based on the viability of their businesses and their potential to thrive post-crisis. Caroline Rush, the BFC’s chief executive, stressed the importance of protecting the UK’s fashion industry and expressed gratitude to the funders for their support in ensuring the future of designer businesses.
In a strategic move to maintain a pipeline of creative talent, the BFC supported Fashion East designers with grants to create collections for the current season. Start-up businesses were also assisted in developing collections to sustain their creativity during this challenging period. The initiative reflects the BFC’s dedication to preserving the diverse and innovative landscape of the British fashion industry.
As the fashion industry navigates through the uncertainties brought about by the pandemic, support from organizations like the BFC is vital in sustaining the future of British fashion. The grants provided to UK designer labels will play a significant role in preserving the vibrancy and creativity that the industry is known for.
For more information on the BFC Foundation Fashion Fund, visit here.
To learn more about the impact of Covid-19 on the fashion industry, click here.
