New York Fashion Week has been around for a decade but there is been a kind of instability and long list of complaints attached to the organizers IMG. Lincoln Center area residents are upset too besides designers, editors, buyers and photographers.

To overcome all, MBFW, which has been owned by IMG since 2001, has now become the property of WME and Silver Lake. As for now IMG is into contract with Lincoln center till 2015, taking forward WME and Silver Lake will have their work cut out to make MBFW in New York more compelling and the show venues more attractive to designers and a better experience for editors and buyers.