Video of the Parsons School of Design annual fashion show. The event honors the department store B. Altman & Co. The show includes a moment of silence in memory of designer Willi Smith, who passed away that year. Smith was a former Parsons student who later returned as a visiting critic. His students' designs appear in the show. Alex Fung and Kristin Caskey jointly receive the Student Designer of the Year Award. Fashion editor Edith Raymond Locke announces the runway show. Designer Donald Brooks introduces the annual costume design showcase. The theme for this year's showcase is "Ladies Mile," a tribute to B. Altman.