>> The CFDA Fashion Incubator, announced last October in partnership with New York City's Mayor Bloomberg, has its first twelve tenants. Among those named as part of the inaugural group of designers: Alice Ritter, Bibhu Mohapatra, Prabal Gurung, Sophie Theallet, Gemma Redux's Rachel Dooley, Grey Ant's Grant Krajecki, House of Waris's Waris Ahluwalia, Jolibe's Joel Diaz, Lewis's Alison Lewis, Public School's Dao-Yi Chow and Maxwell Osborne, Ruby Kobo's Yuvi Alpert and Danna Kobo, and Subversive Jewelry's Justin Giunta.
The designers each received two-year leases on design studio spaces ranging from 800 to 1,000 square feet at 209 West 38th Street in Manhattan, with subsidized, below-market rental rates of between $1,500 and $2,000 per month. To earn a spot, the designers had to submit a business plan, show they had "substantive editorial coverage" and orders from high-level retailers, have been in business for over a year and a half, and be supporting a staff.
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