For the third year in a row, J.Crew has collaborated on a capsule collection with the winner and runners-up of the CFDA/Vogue Fashion Fund. It's generally a win-win situation for everyone: The designers get national exposure from a huge retailer, customers get access to cool labels at more affordable prices, and J.Crew gets exclusive, fashion-forward merchandise. While past results have been mixed (many items from the 2012 range wound up on clearance after a few months), this year's offerings are particularly good, especially Tabitha Simmons's adorable Liberty-print sandals and Jennifer Meyer's dangly crystal earrings. Click ahead to see the full collection, including Simmons's shoes, Meyer's jewelry, and soft, candy-colored cashmere by the Elder Statesman. Prices haven't been released yet, but the items hit J.Crew's website on Wednesday, May 22.