Seventh Annual CFDA Vogue Fashion Fund Awards

The prices have increased to $300,000 for the winner and $100,000 each for the runners-up. It never hurts to have a little cash. Diane von Furstenberg and Reed Krakoff mentioned that it was such a hard decision to make, and anyone of them could have won. 



Congrats Billy Reid, and of course, to the runners-up Eddie Borgo and Prabal Gurung! It was great working with Billy Reid during his Spring/Summer 2011 Collection. 


Everyone looked fabulous. 

Anna Wintour (Chanel Haute Couture)

Billy Reid(winner) and Jeanne Reid

Alexa Chung and Pamela Love

Diane von Furstenberg and Yvan Mispeleare. 

Yaya DaCosta and Christian Cota

Christina Ricci and Peter Som

Harley Viera-Newton

Mary Kate and Ashley Olsen

Chanel Iman (Altuzarra)

Marchesa's Georgina Chapman and Keren Craig

Zac Posen and Kim Kardashian

Karlie Kloss and Moss Lipow

Blake Lively (Chanel)

Prabal Gurung and Leighton Meester wearing his design

Karl Lagerfeld with Carey Mulligan (Chanel Haute Couture)

Billy Reid, Anna Wintour, Karl Lagerfeld, Prabal Gurung, Diane von Furstenberg, and Eddie Borgo

All Photos from Style.com