Future stars of the fashion world are...

Fashion lovers, remember these names and labels:
- Philip Lim
- Scott Sternberg of Band of Outsiders
- Erin Fetherston
- Nunthirat Koi Suwannagate of Koi
- Rogan Gregory
- Gabriel Asfour, Angela Donhauser and Adi Gil of Threeasfour
- Lisa Mayock and Sophie Buhai of Vena Cava
- Victoria Bartlett of VPL
- Michael Bastian
- jewelry designer Philip Crangi

These are the 10 finalists for this year's CFDA/Vogue Fasion Fund award, perhaps the most pretigious award for emerging labels and designers.

The winner, to be announced Nov. 15 during the CFDA/Vogue 7th on Sale kickoff gala, will receive a monetary award of $200,000. The two runners-up will receive $50,000 each. The three recipients will also be assigned a mentor and receive a year's worth of manegerial guidance and support forma top industry executive.

Since the award was launched in 2004, it has quickly become a key indicator of the new "it" labels and designers. If you don't believe us just look at the list of past awardees:

2004
Winner: Proenza Schouler designers Lazaro Hernandez and Jack McCollough.
Runners-up: Nicole and MIchael Colovos, then at Habitual
Alexandre Plokhov, of Cloak.

2005
Winner: John Whiteledge, Sam Shipley, Josia Lamberto-Egan and Jeff Halmos of Trovata
Runners-up: Derek Lam
Thom Browne

2006
Winner: Doo-Ri Chung
Runners-up: Laura and Kate Mulleavy of Rodarte
Thakoon Panichgul

Here's are looks from this year's 10 finalists:


Philip Lim



Band of Outsiders



Erin Fetherston



Koi



Rogan



Threeasfour



Vena Cava



VPL




Michael Bastian



Philip Crangi