Holy Gorgeous! Prabal Gurung for J.Crew

The CFDA/VOGUE FASHION FUND helps emerging American designers pursue their design and business plans. In addition to grants of $300,000 to the winner and $100,000 each to the two runners-up, the awards include a yearlong mentorship with an industry professional whose business expertise is tailored to the designers’ needs and future goals.

Among other eligibility requirements, all applicants must have an established primary design business in the U.S., be in business for a minimum of two consecutive years, and must have "demonstrable talent: i.e., have garnered substantial and recent editorial coverage, and have support (i.e., orders) from key retailers."

Notable previous finalists include:

Phillip Lim ('06, finalist; '07 runner-up)

Thakoon ('06, runner-up)

Jovovich-Hawk ('06, finalist)

Rag & Bone ('06, finalist)

Derek Lam ('04, finalist; '05, runner-up)

Marchesa ('06 finalist)

Proenza Schouler ('04, winner)

Vena Cava ('07, finalist; '08, runner-up)

Alexander Wang ('08, winner)

To celebrate, each of the recipients of this prestigious award (winner and runners-up) designed a signature "capsule collection" exclusively for award partner. Prabal Gurung is one of the runners-up for this year's prize, and J.Crew just posted his limited collection (for some of the designs, only 50 pieces total were created at all!) on their website. IT. IS. STU-NNING. 

(Boom!)

(Yes, please)

(This (denim?! really?! awesome.) jacket is DIVINE)

Says the designer: "Personal style is innovative yet intimate. It's a reflection of your aesthetic, beliefs, who you stand for and the relationship you have with the world. It has the power to speak volumes about you without having to vocalize a thing."

I wish my budget spoke Gurung's language.