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A London theatre is set to host the second Vogue World Event, underscoring philanthropy’s growing importance in replacing lost subsidies and sustaining our creative ecology, writes Simon Tait.

The catwalk is throwing its red carpet out in aid of London’s beleaguered arts organisations, or some of them, at the command of the presiding queen of the rag trade, Anna Wintour.

“I read with dismay about the amount of cuts that were happening around the performing arts” said Vogue’s editor-in-chief from behind the famous anonymising shades, referring to the Arts Council’s bonfire of London grants announced last November. “The creative talent in London is unparalleled, so anything we can do to support all those creatively brilliant people, we’ll do.” 
 
So what she will do is open London Fashion Week in September with a diluted version of the Met Gala extravaganza she organised in New York last month (pictured here). That had Karl Lagerfeld as it’s central theme and raised £20.5m, slightly less than the Arts Council’s annual grant to the Royal Opera House since its 9% cut was imposed from April (though it’s still ACE’s biggest single client). Tickets for the New York blueprint were - wait for it - £48,500 a go...Keep reading on Arts Industry.

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