Video of the Parsons The New School for Design annual benefit and fashion show. The event jointly honors Dr. William K. Fung, group and managing director at Li & Fung Limited, and designer Vera Wang. Simon Collins, dean of the School of Fashion, opens the event. Designer Chris Benz, alumnus of Parsons, gives remarks. The fashion show begins. Following, there is a procession of the class of 2010. Joel Towers, executive dean of Parsons, introduces Candy Pratts Price, creative director at vogue.com. Prince presents the Parsons Award to Wang. Wang speaks. The President of The New School, Bob Kerrey, introduces Rick Darling, president of LF USA. Darling presents the Parsons Award to Fung. Fung speaks. Towers gives closing remarks. The video concludes with a short documentary about a graffiti artist.