Close X
Thursday, November 14, 2024
ADVT 
National

New Ownership Group Acquires Rights To Toronto Fashion Week From IMG

Darpan News Desk The Canadian Press, 20 Dec, 2016 12:14 PM
    Toronto Fashion Week appears poised to return to the Canadian style calendar after a new ownership group said it has acquired the rights to the now-defunct event.
     
    Freed Developments president Peter Freed announced Monday the purchase of the rights to Toronto Fashion Week from IMG Canada.
     
    IMG Canada had operated Toronto Fashion Week in collaboration with IMG Fashion since 2012, after taking over from the Fashion Design Council of Canada, a non-profit organization that had owned and produced the event for 13 years.
     
    Organizers announced in July they were pulling the plug on Toronto Fashion Week due to a lack of financial support.
     
    With collections unveiled twice a year in March and October, Toronto had played host to buyers, media and consumers — and countless others on social media — highlighting designers' latest creations.
     
    Freed is now spearheading an ownership group made up of top executives in real estate, media and finance.
     
    The group aims to create a "global forum for fashion, retail, arts, entertainment and culture" in Toronto's upscale Yorkville neighbourhood, and plans to unveil its new direction and overall program in the new year.
     
    "With the purchase of Toronto Fashion Week from IMG, we have the opportunity to create a multi-faceted program that embraces the Canadian fashion and design community, addresses today's retail trends and consumer interests together with the creation and integration of a strong digital platform. It's extremely exciting," Freed said in a release.

    MORE National ARTICLES

    B.C. Judge Tells Prison To Detail In Writing Why It's Segregating Woman

    B.C. Judge Tells Prison To Detail In Writing Why It's Segregating Woman
    VANCOUVER — A B.C. Supreme Court judge has directed a prison in Prince George to inform an inmate in writing before she could be placed back in restrictive custody, where she spent most of the last three years awaiting trial.

    B.C. Judge Tells Prison To Detail In Writing Why It's Segregating Woman

    Quebec Coroner Says Man Who Killed Forces Soldier In 2014 Wanted More Victims

    MONTREAL — A coroner says a Quebec man who killed a Canadian Forces warrant officer in 2014 wanted more victims.

    Quebec Coroner Says Man Who Killed Forces Soldier In 2014 Wanted More Victims

    Trudeau Says Current Pot Law Stands Until New Legislation Is Ratified

    MONTREAL — Prime Minister Justin Trudeau says the current law governing marijuana stands until new legislation is ratified.

    Trudeau Says Current Pot Law Stands Until New Legislation Is Ratified

    Body Found In Southern Ontario Home Where Fire Killed Four Family Members

    Body Found In Southern Ontario Home Where Fire Killed Four Family Members
    PORT COLBORNE, Ont. — Emergency crews investigating a deadly house fire that killed a mother, her two children and her grandmother in southern Ontario have found a body in the charred rubble.

    Body Found In Southern Ontario Home Where Fire Killed Four Family Members

    As Home Prices Soar, Some First-time Buyers Reconsider Home Ownership Dreams

    As Home Prices Soar, Some First-time Buyers Reconsider Home Ownership Dreams
    The couple could have purchased a condo in the Toronto area, where they both work, but Morrison says they wanted more space to be able to engage in their hobbies and, eventually, start a family.

    As Home Prices Soar, Some First-time Buyers Reconsider Home Ownership Dreams

    B.C. Coroner Issues Overdose Death Alert

    At least six people died using drugs in Vancouver's Downtown Eastside, while five other people died throughout the rest of the province.

    B.C. Coroner Issues Overdose Death Alert