And The CFDA/Vogue Fashion Fund Winner Is…
For the past nine years, the CFDA and Vogue have teamed up to award a promising young designer with $300,000 towards their line and a mentorship with a top industry figure. Past winners include Joseph Altuzarra, Alexander Wang, and Sophie Theallet, and this year, as always, competition was fierce. So, who’s the up-and-comer who took home the grand prize?
Greg Chait of The Elder Statesman!
In case you’ve never heard of the label, here’s a bit of a primer. It got its start in 2007, sparked by the interest Chait received for a collection of 10-pound, ultra-luxurious blankets. At the core of the line is a focus on the highest quality textiles, and they’ve since translated this into sumptuous sweaters that will run you into the four-digit price range and a range of knit accessories.
Chait’s cult appeal led him to beat out downtown favorites like Wes Gordon and Max Osterweis and Erin Beatty of Suno, as well as runners up Tabitha Simmons and Jennifer Meyer Maguire of Jennifer Meyer, who will each take home $100,000 and a mentorship themselves.
Between this victory and The Row‘s Womenswear Designers Of The Year win at the CFDA Awards in June, it looks like American fashion is taking a definitive turn away from flash and towards a new quiet luxury. Cozy cashmeres, here we come.