Partnered with FIT and the New York City Department of Transportation, LVMH announced the winners of their "Bike In Style Challenge" yesterday. FIT student Jessica Velasquez, 21, won first prize while fellow students Jane Carlton and Stephanie Murphy were also awarded. The challenge called for FIT students to design a poncho, a jacket and a travel bag which were both functional and stylish. DKNY, which is owned by LVMH, will be producing prototypes of Velasquez's winning designs.