The winner of the 2025 CFDA/Vogue Fashion Fund is — Ashlynn Park of Ashlyn. This is the second big CFDA win for Park in a week — last week she won the Emerging Designer of the Year Award at the CFDA Awards.

This year’s runners-up at the CFDA/Vogue Fashion Fund are Julian Louie of Aubero and Stephanie Suberville of Heirlome.

The coveted prizes were revealed at Monday night’s CFDA/Vogue Fashion Fund dinner that was hosted by Reliance Retailer’s Isha Ambani, Zac Posen, Anna Wintour and Chloe Malle at the Crane Club in New York City.

Guests heard the news from the model Alex Consani. Posen, Gap Inc.’s executive vice president and creative director, was also lined up as the keynote speaker for the event. Set up after the terrorist attacks of 9/11 to help emerging designers and foster the next generation, the fund has helped about 200 designers and has given more than $7.7 million in support to date.

As the winner, Park picked up a monetary award of $300,000. The two runners-up, Louie and Suberville, were each awarded a grant of $100,000. That trio, as well as all of the finalists, will gain business mentorships.

Founded in 2020 by Park, Ashlyn is known for its modern tailoring and design ethos that respects time, people and the environment. Her prior experience included working for Yohji Yamamoto, Issey Miyake and Raf Simons at Calvin Klein. What began as a few pieces the first season has flourished into a full collection of conceptual, easy-to-wear separates, dresses and outerwear in fabrics like silk jersey and cotton sateen.

Park’s aim is to counter the overproduction and overconsumption that is common throughout the fashion industry with a focus on zero-waste creation. Park has previously been honored as a LVMH Prize finalist in 2022 and the designer was the 18th winner of Samsung’s SFDF prize. Park also took part in the Matchesfashion Innovator and the Bergdorf Goodman Radar Programs.

In a statement, Wintour, chief content officer of Condé Nast, and global editorial director of Vogue, said, “We just saw Jack McCollough and Lazaro Hernandez, the winners of our very first CFDA/Vogue Fashion Fund back in 2004, triumph with their Loewe debut in Paris. There are such world class talents working in America, and I am just as excited and optimistic about how far this year’s finalists will go.”

The other finalists were Don’t Let Disco’s Ashley Moubayed, Gabe Gordon’s Gabe Gordon and Timothy Gibbons, Meruert Tolegen’s Meruert Planul-Tolegen and Bach Mai, Bernard James, Jamie Okuma and Peter Do — all of whom have namesake labels. 

The CFDA’s chief executive officer and president Steven Kolb said, “The CFDA/Vogue Fashion Fund is about giving emerging designers the support they need to build lasting businesses. This year’s winners reflect the purpose of the fund — to ensure American fashion continues to grow, evolve and lead with creativity.”