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NYC garment industry receives boost with 1.7 million dollar Local Production Fund

New York City Economic Development Corporation (NYCEDC), in partnership with the Council of Fashion Designers of America (CFDA), has announced the continuation of its Fashion Manufacturing Initiative (FMI) with the launch of a new Local Production Fund, backed by a combined 1.7 million dollar investment. The fund is designed to support New York...

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NYCEDC and CFDA investing 51.3 million dollars into Garment District

Today, March 24, the New York City Economic Development Corporation (NYCEDC) and the Council of Fashion Designers of America (CFDA) will reveal their plan to invest 51.3 million dollars into the Garment District to help “help stabilize and strengthen the garment manufacturing industry in New York City.” The investment includes technology,...

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