The Fashion Bomb News Breakdown: Greg Chait is This Year’s CFDA/Vogue Fashion Fund Winner, Is Versace Designing Lady Gaga’s Tour Costumes?, and Retailers to Stay Open During Thanksgiving

Elder Statesman‘s Greg Chait bested Tabitha Simmons and Jennifer Meyer of Jennifer Meyer Maguire, coming out on top as this year’s CFDA/Vogue Fashion Fund winner. Chait was awarded the customary $300,000 towards developing his line as well as a mentorship with a CFDA Designer. Meyer and Maguire will receive $100,000 apiece and mentorships of their own. Congratulations to this year’s winners! (WWD)

Dannijo is  doing a lot these days. Not only are they releasing a bridal jewelry line, but the label will also be opening a pop-up store in Nolita at 27 Prince Street this holiday season. The shop (opening Thursday) will sell the brand’s main jewelry line, iPhone cases, and a collection exclusive to the store until it shutters December 30th. New York readers, will you be stopping by? (ELLE, WWD)


Proenza Schouler is the latest label to bless us with a weird fashion video. ‘Desert Tide’ features 1997-style avatars clad in Proenza Schouler, dancing a bizarre fashion rain dance on a sparse terrain (with a waterfall?). Yeah, no. I got nothing. (Proenza Schouler YouTube)

• Word on the street is the folks over at Versace may be outfitting Lady Gaga for her upcoming ‘Born This Way Ball.’ The ‘Paparazzi’ singer tweeted,  “The Born This Way Ball is getting a face-lift for America. I heard rumours Versace is custom designing all the clothes and new looks.” Hmm… straight from the horse’s mouth, people! We reached out to Versace to confirm. We’ll keep you posted! (Vogue UK)


• It looks like retailers will do anything to lure us away from our families this Thanksgiving. Several stores (like WalMart, Target, Kmart and Sears,) will open their doors Thursday evening (right after dinner!) while others like Gap Inc labels (Banana Republic, Old Navy, Gap) and Lord & Taylor‘s Fifth avenue store will be open all day Thanksgiving. The extended hours will no doubt be good for profit, but critics are asking the stores to consider their workers who will have to give up family time on a national holiday. Several petitions against WalMart and Target have cropped up as of late in opposition to this decree. What do you think? Should stores stay open or should employees get the full day off? (WWD)


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