Derek Lam and eBay are teaming up for the first ever “crowdsourced” fashion event. Dubbed simply “Derek Lam + eBay,” the event consists of 16 unique designs by Lam. Fans will log on and vote for their favorites. The top five winners will go on sale in May. The line is aimed at fans of Lam’s work who want/need more affordable options. All pieces are priced from $125 to not more than $2,950. Sizes will range from 0 to 16. Lam’s work typically goes for anywhere from just under a thousand dollars to almost $1,700. More elaborate gowns can cost even more.
In an era plagued by recession, where consumer deal-seeking behavior is at its peak, a crowdsourced initiative like this paired with affordable prices could have a bright future. Crowdsourcing, for those who’ve never heard of it, is the process of soliciting aid (financial, imaginative, etc.) from a large group of people, rather than relying on a small team. Says Michael Fink, dean of the Savannah College of Art and Design’s fashion school: “EBay gets 16 million hits a day. I mean, come on, 16 million people are not walking through a store every day.”
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