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CFDA/Vogue Fashion Fund Award winner Greg Chait

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When Greg Chait won the CFDA/Vogue Fashion Fund Award in New York City last month, the man behind the Elder Statesman line of ultra-luxury cashmere knits ¿ think $5,525 blankets, $1,890 belted cardigan sweaters and $380 ski caps -- was practically unknown outside of the fashion industry. And he was only slightly better known within it.

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