After cancelling this year's event just weeks before opening night, Australian Fashion Week is back to celebrate its 25th anniversary in 2021, with a new major sponsor: ASX darling Afterpay.

"It’s our responsibility to get behind the fashion industry here in Australia," said Afterpay co-founder Nick Molnar of his decision to support the event, which was sponsored by Mercedes-Benz since its inception in 1996 [apart from a hiatus from 2006 to 2010, when Rosemount took naming rights].