The History of Toronto’s Fashion Festival: A Brand Bought and Sold Multiple Times

Toronto, a city buzzing with life and cultural events, is home to some of Canada’s most talked-about festivals, as highlighted by torontoski.info. One such event is Toronto Fashion Week, a true celebration of fashion, art, and culture. This festival has become a cornerstone for showcasing Canadian and international collections of stylish clothing while elevating Toronto’s status as a fashion hub.

Here’s the story behind this iconic event, its beginnings, transformations, and the changes in ownership that shaped its journey.

The Creation of Toronto Fashion Week

Toronto Fashion Week was established in 1999 by the Canadian Fashion Design Council under the leadership of designers Pat McDonagh and Robin Kay.

The festival’s inaugural event was modest in scale, held at the Windsor Arms Hotel, featuring six designers and attended by only 200 guests.

The Mission

The festival’s initial mission was to prepare Toronto-based designers for international recognition. It aimed to unite media, industry professionals, and consumers with buyers, fostering a vibrant platform for showcasing talent.

The first sponsor of the event was Toronto’s municipal government, marking the city’s commitment to promoting its fashion industry.

Growth and Evolution

From 1999 to 2012, Toronto Fashion Week operated under Robin Kay and the Canadian Fashion Design Council.

  • L’Oréal Paris became the first corporate sponsor in 2002, and for six years, the festival was branded as L’Oréal Fashion Week.
  • In 2008, sponsorship transitioned to LG Electronics, followed by World Mastercard in 2012, prompting another rebranding to reflect its new partnership.

The festival continued to grow, attracting larger audiences and media attention while establishing itself as Canada’s premier fashion event.

The Sale of the Brand

On August 8, 2012, Robin Kay and the Canadian Fashion Design Council sold the Toronto Fashion Week brand to IMG, a global leader in event management. This marked a turning point for the festival, bringing new resources and opportunities for expansion.

Renaming the Festival

In February 2016, both L’Oréal and World Mastercard ended their sponsorships. As a result, the festival was renamed to its current form, Toronto Fashion Week, reflecting a broader and more inclusive identity.

A New Owner and Revival

On July 7, 2016, IMG announced it was discontinuing Toronto Fashion Week due to a lack of local commercial funding. This shocking news left the future of the festival uncertain.

Later that year, Peter Freed, the owner of Freed Developments, acquired the event, breathing new life into it. With support from sponsors such as The Hazelton Hotel, Yorkville Village, and Hill & Gertner Capital Corporation, Freed spearheaded a revival of Toronto Fashion Week.

While the festival’s duration was shortened from seven days to three, the reimagined event retained its prestige and continued to serve as a vital platform for designers.

Toronto Fashion Week remains a large-scale and highly significant event. Beyond its importance to the fashion industry, the festival offers emerging designers a unique opportunity to develop and promote their creativity. This aligns with the broader mission of fostering talent and innovation in a progressive society.

By connecting Canadian talent with global audiences, Toronto Fashion Week has firmly established itself as an essential cultural and commercial event, embodying the vibrant and diverse spirit of the city.

Photo: torontofashionweek

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