The Fashion Trust US and Red Club x Cartier, two philanthropic initiatives, have announced their plans for awards in 2023. The Fashion Trust US has unveiled the Advisory Board for its inaugural Fashion Trust Awards 2023, set to be held in Los Angeles in March. The awards are aimed at offering mentorship and funding to emerging American designers. The Advisory Board, led by co-founder Tania Fares, boasts industry luminaries such as Laura Brown, Tan France, and Samira Nasr. In addition to its existing chapters in the UK and MENA regions, The Fashion Trust US plans to establish a permanent presence and ceremony in the US.
The Fashion Trust US previously collaborated with the CFDA in 2018 and provided funds to five American designers in 2020. However, the partnership dissolved as the CFDA shifted its focus towards addressing social issues in the fashion industry. This year, applicants can participate in various categories, including ready-to-wear, jewelry, sustainability, and diversity. Google, the Platinum Sponsor for the 2023 US prize, will support diversity and talent in American design. Winners of the awards will receive financial grants and mentorship covering different aspects of their business.
The expansion of The Fashion Trust US into the US market has garnered support from board members and advisors. Carmen Busquets, entrepreneur and philanthropist, expressed her excitement about the opportunities the organization will provide for American designers. Bethann Hardison, luxury brand consultant and fashion advocate, also lauded the initiative and emphasized the importance of supporting designers of color. Tania Fares emphasized the need for support for emerging talents in the US, drawing on her involvement in similar initiatives in the UK and MENA regions.
In a similar vein, Cartier has announced the application process for its second annual RED CLUB x Cartier Young Leader Award. This award recognizes and supports socially impactful enterprises. The theme for the 2023 edition is “Bettering Lives,” symbolizing the importance of health in today’s global landscape. The award aims to challenge the current healthcare system and enhance humanity’s well-being. Last year’s winners were Weihua Wang, founder of myBuddy, and Sahar Mansoor, founder of Bare Necessities Zero Waste Solutions Pvt. Ltd.
The Young Leader Award is spearheaded by the North American RED CLUB chapter, which comprises Cartier and its global entrepreneurs. The award is open to emerging social entrepreneurs aged 20 to 40 who lead impact-driven businesses or not-for-profit organizations. Winners will receive mentorship from academic partners Georgetown University and Howard University.
Both The Fashion Trust US and RED CLUB x Cartier share a common goal of supporting and uplifting emerging talents in the fashion and luxury industries. These initiatives provide invaluable mentorship, funding, and recognition to assist designers and entrepreneurs in flourishing in their respective fields.
