Last night saw Rogan Gregory pick up the prestigious CFDA/Vogue Fashion Fund Award for his namesake brand, Rogan ( Gregory accepted his accolade to much applause at the lavish 7th on Sale black-tie gala, which took place in the 69th Regiment Armory in New York in aid of the CFDA/Vogue Initiative for HIV/AIDS.

Gregory walked away with a cash prize of $200,000 (about 380,000 Euros), a Lexus with a full year of prepaid parking, and a year's worth of mentoring from a senior industry executive. Not to mention all the acclamation that comes of being anointed a CFDA winner.

The evening’s runners-up were Phillip Lim ( – who had been a favorite to win - and jewelry designer Philip Crangi (, who each received $50,000 and a mentorship. Previous winners of the fund include Doo-Ri Chung, Trovata, and Proenza Schouler's Lazaro Hernandez and Jack McCollough.

Now in its fourth year, the fund’s selection committee consists of CFDA president Diane von Furstenberg, executive director Steven Kolb, and associate director Lisa Smilor; Vogue editor in chief Anna Wintour and fashion features director Sally Singer; Barneys New York vice president and fashion director Julie Gilhart; Theory president and founder Andrew Rosen; Jeffrey president Jeffrey Kalinsky; Gap executive vice president of design Patrick Robinson; and Coach president and executive creative director Reed Krakoff.

Pictured above, (L-R) Gregory, Lim and Crangi. Photo © Patrick McMullan