The big winner on the night was editor's favourite, Joseph Altuzarra, who took home $300,000 to go towards his business as well the mentoring that comes along with the prize money. Pamela Love and Chicago, Shane Gabier and Chris Peters of Creatures of the Wind were the runners up and will walk away with $100,000 and of course, the mentorship from the CFDA's Business Advisory Committee.

Every model from Liya Kebede to Joan Smalls attended as well as designers like Donna Karan, keynote speaker Calvin Klein and past winner Alexander Wang.