What: Bloomingdale’s and the Fashion Institute of Technology are partnering in launching initiatives to raise money for educational programs and future-oriented projects to bring sustainability to the forefront of the fashion industry.

Why it is important: Throughout the year, Bloomingdale’s will organize and host various online and in-store events with the goal to raise 2 million USD for philanthropic endeavours.

The collaborative initiative will be used to launch educational and mentorship programs, open innovation labs, sustainable fashion showcases and more. The department store also launched ‘b the change’ a social purpose and philanthropic platform centred around sustainability initiatives, inclusivity and innovative educational programs.

The goal of the partnership is to create new spaces and resources that support teaching, learning and research while offering activities to educate students, faculty, alumni, industry partners and the public about sustainability.

Bloomingdale’s & FIT’s sustainable innovation fund