This Year’s CFDA/ Vogue Fashion Fund Prize Finalists Reflect A Transforming Industry

In past years, rising stars such as Pyer Moss and Christopher John Rogers collected $400,000 in grant money when they took out the CFDA/ Vogue Fashion Fund Prize. This year, however, all 10 designers will receive a grant. CFDA chairman Tom Ford explained “This year’s talented group of Fashion Fund finalists is facing an industry in the process of reinvention and transformation. The program’s new format aims to help the designers better navigate and thrive in fashion’s future.” Along with funds, each finalist will also receive a personal mentorship with industry leaders based on “designated areas of need.” “After an incredibly challenging time for all of us in fashion, especially here in New York, we’re thrilled that this year we are able to support all of our finalists,” said Anna Wintour, global editorial director of Vogue and chief content officer of Condé Nast. “It’s not only a vote of confidence in their talents, but in a brighter future for American fashion.” Read more at Highsnobiety.