American fashion mogul Tory Burch has joined forces with the School of Fashion at Parsons School of Design, New York, for a five-year partnership to foster 'creativity, innovation, and entrepreneurship across various degree programmes at Parsons'.

Burch has also set up the Tory Burch Empowering Future Fashion Leaders Endowed Scholarship Fund at the college, 'with a gift that will be matched to establish a $1m fund that will provide ongoing financial aid to students every year', and commented 'I am thrilled to be partnering with Parsons to help provide the next generation of creative talent with the resources, guidance and opportunities they need to grow and thrive in an industry that I am passionate about. We are honoured to work with these students - their energy, determination, and innovative spirit are incredibly inspiring'.