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June 2023

6 Jun

Mike Amiri to Launch Second Edition of Amiri Prize

Mike Amiri to Launch Second Edition of Amiri Prize
Mike Amiri is constant to point out his support for the following generation of fashion designers with the launch of the second edition of the Amiri Prize. The designer established the annual award and incubator program in 2021 to encourage, nurture and showcase up-and-coming American talent which may otherwise be missed. This yr, this system has been opened as much as international designers as well. The winner will receive $100,000 and a yearlong mentorship with the Los Angeles-based designer. The winner of the primary prize was Lou Badger, founding father of the Philadelphia-based brand of the identical name which creates genderless embellished custom designs crafted from recycled materials. “The Amiri Prize is a superb opportunity for designers from nontraditional backgrounds to raise their...
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6 Jun

Revlon Board Member Ceci Kurzman Launches Textured Hair Business

Revlon Board Member Ceci Kurzman Launches Textured Hair Business
Frustrated with the shortage of investment, innovation and data surrounding textured hair care, Ceci Kurzman, a veteran music executive and board member at Revlon and Lanvin, has come up along with her own offering. Cue OurX, a direct-to-consumer platform she founded with the mission of making a recent standard for tightly textured hair and scalp care via education, personalized regimens and its own product line. “It’s really about solutions. Solutions each to what I believe has been a little bit of an industry misguided approach to textured hair, but additionally really solutions for consumers,” said Kurzman, who previously founded artist management company Nexus, in an interview with WWD. Ceci Kurzman Lisa Houlgrave Via the platform, users will undergo an in-depth assessment, which collects data on...
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6 Jun

The Recent $40 Billion Hole in Discretionary Spending

The Recent  Billion Hole in Discretionary Spending
The economy might just have been saved by last week’s debt ceiling deal, however the tradeoffs to avert disaster are about to force a latest reckoning for student loan borrowers. Under the terms of the deal between President Joseph Biden and House Speaker Kevin McCarthy, the roughly 43 million Americans with student loans are going to have to start out making payments again in September. That might come as a splash of cold water for the already struggling fashion world after a three-and-a-half-year reprieve from repayments, which helped support the pandemic splurge on apparel and other goods.  Joseph Brusuelas, chief economist on the RMS consultancy, estimated that the repayments will over time amount to an almost $40 billion reduction in disposable income.  While the...
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