The first segment of a two-part video of the Parsons School of Design annual fashion show for 1984. The event honors William S. Ruben, president and chief officer at Bonwit Teller. David C. Levy, executive dean of Parsons, opens the benefit. Ruben receives the Parsons Award. Marc Jacobs is awarded the Chester Weinberg Gold Thimble Award (at roughly 0:30:00), Perry Ellis Gold Thimble Award (at roughly 0:41:00), and Student Designer of the Year Award. The announcer is fashion editor Edith Raymond Locke.