Contemporary womenswear label The Fold and luxury handbag brand Milli Millu are among the 12 firms that have been selected for the Brands of Tomorrow programme by UK luxury brand association Walpole.
The initiative seeks to offers the brands mentoring from some of the UK’s leading luxury firms, including Thomas Pink, Harrods and Alexander McQueen.
Eyewear brand Cubitts and activewear label Monreal London were also announced as part of the programme at an event held at The Savoy hotel in London last night (January 18).
“What Brands of Tomorrow recognises is the trailblazing brands who are championing innovation in their sectors,” said Walpole chief executive Michelle Emmerson. “Discovering and nurturing new talent is a leading priority for Walpole and our members. As luxury industry leaders, it is our responsibility to ensure the future success and sustainability of a sector that is forecast to be worth £51.5bn to the UK economy by 2019.”
“The Brands of Tomorrow Class of 2016 is one of the most exciting we have seen, who are eager to get to work alongside some of the luxury industry’s very best brains,” added programme chairman and Thomas Pink chief executive Jonathan Heilbron.
“In such a highly competitive global marketplace, these brands, designers and craftspeople are leading the way for the future of luxury.”
The initiative was established in 2007 and previous participants have included Charlotte Olympia, Private White VC, Lily and Lionel, and Me+Em. Last year’s recipients included Emilia Wickstead, Bionda Castana and House of Hackney.