Alexander Wang is a star, a CFDA/Vogue Fashion Fund star that is. Wang took home the top honor and the $200,000 prize which includes a year’s worth of mentoring, last night at the CFDA/Vogue Fashion Fund dinner gala. Wang started his eponymous line at the tender age of 21, soon becoming the cult favorite designer amongst the modelistas and the downtown cool set. However, Wang, was not the only winner last night at CFDA/Vogue Fashion Fund. Lisa Mayock and Sophie Buhai of Vena Cava, and Albertus Q. Swanepoel of Albertus Quartus were this year’s runners-up. Each of the runners-up will receive $50,000 each and a business manager for a year as their take home prize. But we here at Couture would be remiss if we did not mention that Mr. Wang was already a star, as he was also awarded the 2008 Ecco Domani Emerging Designer award previously. Wang’s world indeed!

Giddy am I that Alexander Wang, the East Village wunderkind of edgy downtown fashions, is premiering his first shoe line along side a diffusion line this fall. These lust-worthy, towering, textured platforms and sky-high heels will premier alongside his Spring 2009 fashion collection during New York Fashion Week. The collection of shoes will start small with a launch of just five styles that have a sigh-inducing (in a good way) price point of $125 to $250. The styles will include an open toe, thong sky-high heel platform, a perforated leather bootie and a stiletto high-heel with fringe around the ankle. Of course, this good news comes on the high heels (pardon the pun) of his popular capsule collection for Uniqlo, the Japanese version of TopShop, which featured his grunge aesthetic of lived-in T-shirts with their stretched necklines and lowered armholes, tank tops and T-shirt dresses. I’m not sure yet what his Spring 2009 collection will bring, but if it picks up where his fall collection off, I am already smitten.