BFC/Vogue Fashion Fund Names Its Winner!

Colorful hats off to Scottish designerJonathan Saunders, winner of the coveted BFC/VogueFashion Fund.

British Vogueannounced Saunders' Tuesday night win, for which he was awarded the prestigious title of winner but also 200,000 euros to invest in his booming business.

"I am delighted that Jonathan has won this year's award,"saidVogue UKeditor Alexandra Shulman. "His recent collections have shown that he is a designer who can provide beautiful clothes that women enjoy wearing and he is in a great position to build on his current success."

Good position indeed -- Saunders has already won the Elle Style Award in 2008 and Scottish Designer of the Year in 2010 and 2011. But the BFC/VogueFashion Fund award (equivalent to the U.S.'sCFDA/VogueFashion Fund award, awarded to Joseph Altuzarra in 2011) is a major honor for Saunders, particularly because of his competitions.

Also nominated were Peter Pilotto, Mary Katrantzou, Richard Nicoll, Roksanda llincic, Marios Schwab, Zoe Jordan, Meadham Kirchhoff and Nicholas Kirkwood, all extremely popular and well-respected designers.

Roksanda llincic has been embraced by a group of celebrities as diverse asLady GagaandKate Middletonand It-Girls like Hailee Steinfeld, Keira Knightley and Alexa Chung have stepped out in Mary Katrantzou's colorful prints.

Then again, Saunders can count not one buttwofirst ladies as his fans:Michelle Obamaand Britain'sSamantha Cameron.

Check out Saunders' Spring 2012 runway show below andgo to Vogue.co.uk to read more.

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

Jonathan Saunders S/S 2012

(WireImage photo)
(WireImage photo)

This article originally appeared on HuffPost.