Season Two featured a colorful cast of designers and the biggest award in Runway history and came down to a contest between:
- Uli Herzner A 41-year-old designer, Uli previously competed on Project Runway Season Three when she came in second. On PRAS 2, she won two challenges and was only in the bottom once. She impressed judges, especially when she transformed Christmas ornaments into a couture dress. Her final futuristic collection featured faux fur and feathers.
- Anthony Ryan Auld The 29-year-old designer previously competed on Project Runway Season Nine. On PRAS Anthony Ryan was the winner of five challenges and was only in the bottom once. He showed unique designs that often featured surprising glimpses of skin through cut outs or lace or other techniques. His final post-modern collection featured graphic geometric shapes.
- Emilio Sosa The 46-year-old designer had previously come in second on Project Runway Season Seven. On PRAS, Emilio won two challenges--including the androgynous challenge--and was in the bottom three times. His final "urban plantation" collection featured all African American models wearing looks inspired by Aunt Jemima and Rosie the Riveter.
For the finale, designers were given four days to create a collection and put together a show. The judges liked Emilio's "political" choice of all African American models, the perfect ice queen styling of Uli's models and the post modern art vibe of Anthony Ryan's outfits. But they complained that Uli's faux fur seemed cheap, Anthony Ryan's skirts were all of different lengths and one of Emilio's looks had slipped into "junior" territory.
In the end, Uli came in third, Emilio came in second, and Anthony Ryan won both the season, and the prize package: $150,000 cash, a Brother Sewing and Embroidery studio, an all-expenses-paid trip to attend fashion weeks around the world and a technology suite/office space from HP and Intel. He also gets a fashion spread in Marie Claire and a year-long position of contributing editor with the magazine.