With the presidential election just seven months away, campaign fundraising for Barack Obama and Mitt Romney is ramping up, and WWD reports that the numbers seem to indicate that each party will spend nearly $1 billion towards their own campaign — and the fashion industry will play some part in keeping the politicians' pockets padded. Though Obama is still leading in fashion-industry donations, Romney is ranked second as of this February, receiving fashion industry monetary support from Emanuel Chirico of PVH ($2,500), Paul Marciano of Guess ($2,500), and Ed Emma of Jockey ($450). Compare this with Team Obama's fashion fans, including Tommy Hilfiger, Tory Burch, Leonard Lauder of Estée Lauder, and Robert Haas of Levi Strauss, who each donated $5,000, the maximum for individual contributions. In total, fashion players have donated around $435,000 so far, with 53.9% going to Obama and 45.9% to Republican candidates (including Romney), which — in fashion speak — is 212 PS1 bags, 660 Isabel Marant sneakers, and 78 Cartier Love bracelets. (WWD)
Photo: Via WWD
