Ten U.S. Finalists have been selected for the International Woolmark Prize competition.

This story first appeared in the April 8, 2013 issue of WWD. Subscribe Today.

The winner, who will receive $100,000 toward their next collection, will be named at an awards ceremony in New York on July 9. The ceremony follows a five-hour review that day of the collections by a judging panel of retailers, designers and journalists. That designer will represent the U.S. in the 2014 International Woolmark Prize, which will take place in February 2014 in Milan.

The U.S. finalists this year are Altuzarra (designed by Joseph Altuzarra); Bibhu Mohapatra; Creatures of the Wind (designed by Shane Gabier and Christopher Peters); Daniel Vosovic; Giulietta (designed by Sofia Sizzi); Ohne Titel; Timo Weiland (a collaboration between Timo Weiland and Alan Eckstein); Tucker (designed by Gaby Basora); Wes Gordon, and WHIT (designed by Whitney Pozgay). The U.S. contest is open to Council of Fashion Designers of America members, all of whom must be in business three years.

Five regional awards are held, in Australia, China, India, Europe and the U.S. Winners from all the other regions, besides the U.S., receive $50,000. Each of the winners gets the opportunity to participate in the international final, where the winner will receive $100,000 to assist in underwriting their next fashion show, and have his or her designs carried by leading global retailers.

The global fashion competition awards outstanding and emerging designers for their creativity in merino wool. The contest aims to develop the next generation of fashion designers and to highlight wool’s eco credentials.

Sophie Theallet was the 2012 U.S. winner and went on to compete in the international contest. The Belgian Christian Wijnants won the International Woolmark Prize in February. Wijnants received 100,000 Australian dollars, or $105,000, and his winning collection will be carried this fall at such retailers as Bergdorf Goodman in the U.S., Harvey Nichols in the U.K., 10 Corso Como in Italy, Joyce in China, Eickhoff in Germany and David Jones in Australia.