At Thursday's 7th on Sale Online gala, Vogue magazine and the Council of Fashion Designers of America bestowed Trovata with this year's CFDA/Vogue Fashion Fund award. Trovata — which consists of designers John Whiteledge, Sam Shipley, Josia Lamberto-Egan and Jeff Halmos — was chosen from a group of 10 finalists by a committee of industry representatives, and will take home a cash prize of $200,000. The award was presented by Tilda Swinton.
Derek Lam and Thom Browne were runners-up this year, and will each receive $50,000.
Vogue and the CFDA established the fund in 2003 to help emerging designers, and the award is expected to help them further their careers and help them in areas like production, sales, marketing and public relations. The winner will also receive managerial guidance and support for one year through the fund's underwriters.
The fund is underwritten by Barneys New York, Coach, Juicy Couture, Kellwood Co. and Vogue.
Last year's winners were Lazaro Hernandez and Jack McCollough of Proenza Schouler, who received a $200,000 cash award. Runners-up were Alexandre Plokhov of Cloak and Michael and Nicole Colovos of Habitual, whose companies received $ 50,000 each.
This year's other finalists were Anthony Nak (Nak Armstrong and Anthony Camargo); Atelier Jean Yu (Jean Yu); Costello Tagliapietra (Jeffrey Costello and Robert Tagliapietra); Isabel Toledo; Lutz & Patmos (Trina Lutz and Marcia Patmos); Mayle (Jane Mayle), and Project Alabama (Natalie Chanin).
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)