By  on June 5, 2013

The story of Barneys New York and Proenza Schouler is something of a fashion storybook romance, its lore undoubtedly stoking the passions of design students the world over. Especially at Parsons The New School for Design, where Jack McCollough and Lazaro Hernandez were still students presenting their senior thesis collection when Barneys bought the whole thing off the student runway show, thus securing bragging rights to the discovery of the designers, who were named Womenswear Designer of the Year at the CFDA Awards Monday night, their fifth Trova. “We didn’t prepare at all,” said McCollough on the phone the next day. “Last year we went with a speech, and there’s nothing more depressing than going home at the end of the night with a speech in your pocket that you didn’t get to use.”

To celebrate their 10-year anniversary, Barneys and Proenza have worked up a capsule collection, titled “Proenza Schouler: First Collection,” of pieces from McCollough and Hernandez’s first runway show for fall 2003. (The thesis collection was actually 11 years ago — minor detail.) The 19-piece lineup will be available at Barneys’ Madison Avenue and Los Angeles stores starting Friday and includes a white cracked leather jacket with a raccoon fur collar; a suede trench and matching pants; a simple T and slouchy trousers and, perhaps the most memorable item from the show, a silver sequined bustier top that became one of their signatures for a few seasons running. Prices range from $850 to $5,650.

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