By Meghan Blalock
Updated Nov 14, 2012 @ 12:20 pm
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The Council of Fashion Designers of America announced the recipients of its ninth annual CFDA/Vogue Fashion Fund Awards at a ceremony in New York last night. From the 10 finalists, designer Greg Chait (shown with Burberry Prorsum-clad Emma Stone) of five-year-old Los Angeles brand The Elder Statesman—known for its cashmere pieces, chunky casual sweaters, and plenty of stripes for men and women—won the top award, including a $300,000 grant to pursue his design goals. Jewelry designer Jennifer Meyer Maguire and shoe designer Tabitha Simmons each took home runners-up prizes, including $100,000 grants. Congrats to the big three! And don't forget—starting in February, you can shop designs from all 10 finalists in a Nordstrom near you.

Plus, see the designer items we love!