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NYCEDC And Parsons Launch Initiative to Recruit Top Fashion Business Talent From Around The World

Press Release


New York City Economic Development Corporation (NYCEDC) and Parsons The New School for Design today launched Fashion Draft NYC, one of six initiatives recently announced by the City to support the long-term growth of the City’s $55 billion fashion industry. Fashion Draft NYC will bring a select group of top business-minded students from around the world to New York City to network and interview with fashion executives, with a chance to earn full-time, management-track positions within one of the participating New York-based companies. Participating companies include Macy’s, Bloomingdale’s, Gilt, and LF USA, with additional companies still expected to join in the coming weeks and months. Fashion Draft NYC will take place in New York City from February 16-18, 2012, and is the second of the City’s fashion initiatives, including Fashion Campus NYC, in which NYCEDC has also partnered with Parsons.

Fashion Draft NYC is open to graduating college seniors who are interested in pursuing challenging, fast-paced business opportunities in New York’s fashion industry, and who have related educational or internship experiences in business and/or fashion. It is anticipated that approximately 25 to 30 finalists will be selected to participate in the three-day program, which includes all travel, accommodation, and meals. Aside from the interviews, students will also participate in a behind-the-scenes company tour, hear a keynote address from a prominent fashion industry leader and attend a networking dinner.

“The fashion industry is a critical driver of our City’s economy, and programs such as Fashion Draft NYC will ensure that this industry continues to grow,” said New York City Economic Development Corporation President Seth W. Pinsky. “By recruiting the best talent from around the globe, we will add to the already stellar roster of fashion professionals working here in the City, and further establish New York as the fashion capital of the world.”

“Parsons is proud to be partnering with the City of New York once again,” said Executive Dean of Parsons Joel Towers. “We sought to host this initiative because Parsons shares the Mayor’s commitment to this important industry, and we want to do everything we can to help ensure that our students, many of whom will be leaders within the industry, will continue to see New York City as an ideal place to build their careers.”

"We are excited to be partners in the Fashion Draft NYC program,” said chairman, president and chief executive officer of Macy's, Inc. Terry J. Lundgren. “Our company is always looking for great talent for Macy's executive development programs and we welcome the opportunity to meet the top students in our field. We appreciate the opportunity to demonstrate why New York, as the fashion capital of the world, is an outstanding place to build a career in our industry."

"One of the most important elements to building a fast growing company is hiring great people," said Kevin Ryan, Founder and CEO of Gilt. "We are pleased to be part of this initiative and look forward to discovering new talent to further the industry."

To participate in Fashion Draft NYC, students can apply at http://www.fashiondraftnyc.com. The application deadline is November 3, 2011. Semi-finalists will be chosen by mid-December and will be matched with participating companies for phone interviews. The participating companies will then select the semi-finalists with whom they would like to have follow-up interviews, and those students will be flown to New York City to participate in the Fashion Draft NYC weekend, with a chance to ultimately earn a job at the companies with which they interview.

Fashion Draft NYC builds upon the success of Fashion Campus NYC, a career-building and networking event co-organized by NYCEDC and Parsons this past July to help talented students pursue fashion business careers in New York City. Nearly 200 interns from over 90 universities and 150 companies attended the event, as well as fashion industry representatives from more than 25 New York-based companies, including Aeropostale, Calvin Klein, John Varvatos, Lord & Taylor and Warnaco.

Fashion Draft NYC and Fashion Campus NYC are two of six initiatives that resulted from Mayor Bloomberg’s FashionNYC2020 plan, which is designed to sustain and grow the fashion industry in New York. The fashion industry employs 165,000 people in New York City, accounting for 5.5 percent of the City’s workforce, and generating nearly $2 billion in tax revenue annually. In addition, the City is home to one of the world’s largest wholesale fashion markets, which attracts more than 500,000 visitors a year to its trade shows, showrooms and retail stores. The FashionNYC2020 initiatives address the industry’s challenges in two ways: by further positioning the City as a hub of innovation for emerging designers as well as specialty and multi-channel retail, and by attracting the next generation of design, management and merchant talent.

For more information about Fashion Draft NYC, visit http://www.fashiondraftnyc.com.

About NYCEDC
New York City Economic Development Corporation is the City's primary vehicle for promoting economic growth in each of the five boroughs. NYCEDC's mission is to stimulate growth through expansion and redevelopment programs that encourage investment, generate prosperity and strengthen the City's competitive position. NYCEDC serves as an advocate to the business community by building relationships with companies that allow them to take advantage of New York City's many opportunities. Find us on Facebook or follow us on Twitter, or visit our blog to learn more about NYCEDC projects and initiatives.

About Parsons The New School for Design
Parsons The New School for Design is a global leader in design education, with programs that span the disciplines of design and the fine arts. With the launch of the first fashion design program in America in 1906, Parsons is credited with the rise of Seventh Avenue, the epicenter of American fashion. Parsons offers a Bachelor of Fine Arts degree in Fashion Design, Associate Degrees in Fashion Design and Fashion Marketing, and a Master of Fine Arts Program in Fashion Design and Society that was initiated through the support of Parsons alumna Donna Karan. Parsons has educated generations of leading American fashion designers, including Tom Ford, Marc Jacobs, Donna Karan, Isaac Mizrahi, Tracy Reese, Narciso Rodriguez and Anna Sui; and rising talents Prabal Gurung, Derek Lam, Ohne Titel, Thakoon Panichgul, Proenza Schouler, Vena Cava, Alexander Wang, and Jason Wu. For more information, visit www.newschool.edu/parsons.

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