Erdem Moralioglu was announced the winner of the British Fashion Fund/Vogue Fashion Fund award last night.  It is a prestigous award, and said honor comes with a $303,000 cash prize.  The award acknowledges new design talent within the fashion industry. Erdem is an enormous talent, and is highly deserving of this win.  Prior to starting his own label in 2005, he worked for Diane von Furstenberg in New York.  He was up against very notable players in the industry; fellow nominees included Christopher Kane, Marios Schwab, Clements Ribeiro, Angel Jackson, Patrick Grant of E. Tautz, Nicholas Kirkwood and Richard Nicoll.  Erdem is clearly a rising star for whom success was imminent.  You can shop for his collection online at Net-a-Porter.