Nicole Richie will host this year's Future of Fashion end-of-year runway show, which is set to take place on April 30 at the Fashion Institute of Technology. 90 designers are to be selected from a class of 160 students under the categories of knitwear, sportswear, intimate apparel, special occasion and children's wear. The expertly produced show offers a $2 million gift donated by one of the schools alumni, Calvin Klein – through the Calvin Klein Family Foundation.

Judges for the greatly anticipated fashion event include the likes of Bryan Boy, Annie Georgia Greenberg – senior editor of Refinery29, Colleen Sherin – vice president and fashion director of women's ready-to-wear at Saks Fifth Avenue, amongst other industry professionals.