From Fashion Wire Daily:
Alexander Wang has won the 2009 Swiss Textiles Award, making his the second American design house to nab central Europe’s most valuable fashion prize.
New York-based Wang beat out a field of six candidates to win the award, which celebrated its 10th anniversary this month at a ceremony Thursday, Nov. 12, in Zurich.
The winner receives a prize of 100,000 euros, or $147,000. It is not paid out in cash, but instead 10,000 euros, or $14,700, is allocated to buy Swiss fabric, with the remainder used to produce and market upcoming collections by Wang.
Wang’s other five finalists – Alexis Mabille, Erdem, Ohne Titel, Peter Pilotto and Thakoon – did not go away empty handed, but instead were given a fabric voucher worth 4,000 euros, or $5,880.
Images: Swiss Textiles