Kerbey Jean-Raymond and his brand Pyer Moss was announced the winner of the 2018 CDFA/ Vogue Fashion Fund in Brooklyn last night. Pyer Moss will be joining the ranks of 2017's winner Telfar, and collect a $400,000 prize.

The win comes after a critically lauded SS19 show, and a rocky ascension into the fashion industry for Pyer Moss. In our interview with Jean-Raymond from Highsnobiety #17, the designer recalls the more troubling times trying to maintain his brand amidst legal battles and a struggle with depression, “I had no money, I was being sued — all my accounts were in the negative,” he admits. “I probably had, like, debt of 85 Gs at that point.”

The runners up for this year's awards were Emily Adams Bode of menswear label Bode and womenswear label Jonathan Cohen, who will will $150,000 each.

In other news, a vintage KAWS artwork has just been auctioned for $127,000