>> Newcomer Anthony Vaccarello, the 31-year-old Paris-based Belgian designer who just presented his first show in March during Paris Fashion Week, has won the 2011 ANDAM prize.
Vaccarello, who beat out fellow nominees said., Commuun, Jeremy Laing, Matthew Harding, and Yiqing Yin, takes home 200,000 euros ($288,540), plus 10,000 euros ($14,427) worth of Swarovski crystals to use on his Spring 2012 collection. "This award is a vote of confidence for me, and it means I can continue to show. Perhaps this will help me find a financial partner," the designer
He was previously recruited by Karl Lagerfeld to Fendi, where he spent two years before starting his own label, and for his debut show in March, he worked with Alex de Betak (who typically produces shows for global brands like Dior) on a psychedelic light show; Emmanuelle Alt (who also happened to be part of this year's ANDAM jury panel) was front row.