Zane Li, the designer behind the brand Lii, wins the 2026 CFDA/Vogue Fashion Fund. Outlets describe the award as a major milestone in a busy year for the designer, with coverage noting the impact of the prize money on future growth.

Several sources say Li plans to use the $300,000 prize to hire more staff and expand the brand into new categories. Other coverage adds that the win follows earlier recognition, including a Karl Lagerfeld prize at the LVMH Prize earlier in the year. One outlet also highlights that this is Li’s third award win of 2026, framing the CFDA/Vogue win as a continuation of strong momentum.

Other details differ in emphasis. Some reports focus on the award’s commercial implications for Lii, while others foreground Li’s track record of awards leading into the CFDA/Vogue win. At least one source also includes the names of the runners-up, providing a fuller view of the competition.