Liz Claiborne announces gift to Parsons The New School for Design
02 May '07
3 min read
Liz Claiborne Inc has announced a $350,000 gift to Parsons The New School for Design for the establishment of a scholarship for students in its renowned fashion design program.
The scholarship will be named in honor of Tim Gunn, the chief creative officer of Liz Claiborne Inc, who recently joined the company after serving nearly 25 years at Parsons, most recently as Chair of Fashion Design.
The gift was announced at the 59th Annual Parsons Fashion Benefit and Fashion Show, where Gunn also was formally named Honorary Chair of Fashion Design.
Commenting on the gift, William L. McComb, chief executive officer of Liz Claiborne Inc said "There is no question that the talent that is discovered, developed and fostered at Parsons has a significant impact on the future and direction of the fashion industry, and much of that was thanks to the dedication and passion of Tim Gunn."
"What better way to celebrate Tim and his accomplishments at Parsons than by endowing a scholarship in his name with the sole purpose of continuing what he started cultivating the young designers that will take our industry forward. We are thrilled that Tim is part of our organization and proud to be able to honor him in this way."
With the launch of the first fashion design program in America in 1906, Parsons The New School for Design is credited with giving birth to Seventh Avenue, the epicenter of American fashion. Today, it is estimated that 70 percent of the design talent on Seventh Avenue is Parsons educated.
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