The first segment of a two-part video of the Parsons School of Design annual fashion show at the New York Marriott Marquis. The event honors Lee Abraham, Chairman and Chief Executive at the Associated Merchandising Corporation (AMC). The video begins with a montage. This montage depicts runway show preparation and post-show socializing. Abraham receives the Parsons Award. Two informational videos are screened. The first video concerns Parsons. The second video focuses on the Fashion Design Department's critic program. The runway show follows. Footage ends mid-show. Fashion editor Edith Raymond Locke is the announcer.