Paul Smith’s Foundation, in collaboration with the Mayor of London and Projekt, has launched the Fashion Residency at Studio Smithfield, transforming Smithfield Market into a vibrant center for emerging fashion talent. This initiative aims to nurture the next generation of fashion designers by providing six cutting-edge studios in London, facilitated by support from the City of London Corporation.
The Fashion Residency at Studio Smithfield offers 5,000 square feet of temporary workspace, empowering aspiring designers to develop their businesses and gain insights from industry experts. This endeavor not only positions the Square Mile as a central hub for London’s fashion scene but also fosters growth within the city’s renowned creative industries.
Over the next three years, six designers per cohort will receive a complimentary 400-square-foot studio space for 12 months, alongside mentorship from industry leaders and training in business planning. Situated above the Meat Market in Smithfield’s Northwest Quadrant, the creative hub, designed by Projekt, provides residents with private studios and access to additional facilities like a media suite, event spaces, and a photography studio.
The Mayor of London and Projekt have jointly contributed £175,000 each to cover rent and fit-out costs. Paul Smith’s Foundation has crafted a mentorship program, connecting designers with professionals to establish sustainable businesses. This comprehensive program includes workshops, seminars, and one-on-one coaching, covering various aspects of business skills essential for success in the industry.
British GQ is also lending support to the initiative, offering networking opportunities and mentoring on brand development and digital growth. Aligned with the Mayor of London’s commitment to bolster the city’s creative industries, this initiative aims to sustainably support emerging talent, further enhancing London’s reputation as a global fashion capital.
Applications are currently open for the inaugural cohort, with designers being pre-selected by industry experts and mentors. The final six participants will be chosen by a panel including Paul Smith himself. Reflecting on the Fashion Residency at Studio Smithfield, Paul Smith expressed his enthusiasm for providing opportunities and guidance to creative individuals, aiming to equip them with the necessary skills for long-term success.
Mayor Sadiq Khan emphasized the importance of nurturing creative industries, acknowledging their significant contribution to London’s economy. By investing in this residency program, the city is paving the way for the next generation of fashion designers to thrive and contribute to London’s vibrant creative landscape.
