On Monday night, the esteemed CFDA/Vogue Fashion Fund revealed its latest winner, and they are a young design duo who have ushered in a welcome dose of femininity to the New York fashion scene.

Since their debut in Fall 2014, Kristopher Brock and Laura Vassar's Brock Collection has expertly embraced lush knits and rich fabrics (think velvet, lace, and silk prints) to become a favorite among fashion insiders, primarily because it offers genuinely luxury pieces meant to be worn in daily life.

The husband and wife team won over a whole other legion of fans when they debuted denim – in those hard-to-find, classic blue washes, no stretch – for resort 2016.

Brock met Vassar when they were both students at Parsons The New School of Design. Brock went on to work as an in-demand tailor, and later hopscotched to Theory under Olivier Theyskens. The duo collaborated often since meeting at Parsons, but in 2013, decided to create their own label. (They married in an intimate ceremony in 2014 at Newport Beach.)

They have grown from presenting editors their debut pieces at one-on-one meetings, to showing on the runway during New York Fashion Week, and seeing their wares stocked at Barneys, Maxfield, Jeffrey, The Webster, and The Apartment by The Line, in addition to other doors nationwide.

Brock Collection, Spring 2017

Now, with this win, the designers will receive $400,000 to put towards the growth of their brand as well as continued support and mentorship from the CDFA, an honor that places them among the likes of previous Fund winners like Proenza Schouler, Alexander Wang and Public School.

Adam Selman and Stirling Barrett of Krewe du Optic were the runners-up, each receiving $150,000. But there were no hard feelings. After the awards dinner at Spring Studios, Selman's boyfriend Mel Ottenberg (best as known as Rihanna's stylist) convened a gaggle of designers and young fashionistas like Brock and Vassar, Maxwell Osborne, Hari Nef, Jenna Lyons, Scott Studenberg and John Targon of Baja East at Julius in the West Village to celebrate in style.