New Fashion

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A new crowd-funding company hopes to alter the traditional modes in which fashion designers create clothing. Byco, from NY label JF& Son, helps young designers connect with investors and manufacture a sample clothing piece. Designers submit drawings, and when accepted, Byco caluculates the cost of sampling and posts to an investing page. Once the sample has funding, Byco manufactures it and sells it as well. Designers own samples and copyright along with 20% of sales, and investors receive 10% of sales. With successful designs and funding, all win.

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