Intelligent Luxury Stylellectuals: LVMH Prize for Young Fashion Designers

Written by LVMH

The applications for the seventh edition of the LVMH Prize will open starting Monday, December 2, 2019.

They must be submitted exclusively on the Prize website: www.lvmhprize.com

The application closing date is set for Sunday, February 2, 2020. 

The semi-final of the Prize will take place on Thursday, February 27 and Friday, February 28, 2020.

The LVMH Prize for Young Fashion Designers is open to designers under 40 from all over the world, who have produced at least two womenswear, menswear or unisex collections.

Since its launch in 2013 by the LVMH group, the Prize has truly benefited young talent and is aimed at young designers from all continents.

The winner of the LVMH Prize for Young Fashion Designers will receive €300,000 and benefit from a one-year mentorship program tailored to his or her or their needs, provided by a dedicated LVMH team, covering various fields of expertise (intellectual property, sourcing, production and distribution, image and communication, marketing, sustainable development…).

The Karl Lagerfeld Prize rewards a young designer with €150,000 and gives him or her (or them) access to a one-year mentorship program.

Moreover, the Prize honours three young fashion school graduates who completed their studies in 2019/2020 by allocating them, as well as their school, a €10,000 grant. They will also join the creative team at one of the Houses of the LVMH group for one year.

Early next year, additional information will be communicated regarding the seventh edition of the LVMH Prize for Young Fashion Designers:

• members of the jury
• committee of international fashion experts involved in selecting the finalists
• timeline of the Prize and 2020 LVMH Prize award ceremony

The final of the sixth edition of the LVMH Prize for Young Fashion Designers took place on September 4, 2019, at the Fondation Louis Vuitton.

The 2019 LVMH Prize was awarded to South African designer  Thebe Magugu, based in Johannesburg; Israeli designer Hed Mayner was rewarded with the Karl Lagerfeld Prize.

Photos available for download at the following link: www.press-lvmhprize.com

THE WINNER OF THE PREVIOUS EDITIONS

Thebe Magugu (2019 winner)

Hed Mayner (2019 Karl Lagerfeld Prize)

Doublet (2018 winner)

Rokh (2018 Special Prize)

Marine Serre (2017 winner)

Kozaburo Akasaka (2017 Special Prize)

Grace Wales Bonner (2016 winner)

Vejas (2016 Special Prize)

Marques’Almeida (2015 winner)

Jacquemus (2015 Special Prize)

Thomas Tait (2014 winner)

Hood by Air (2014 Special Prize)

Miuniku (2014 Special Prize)

LVMH CELEBRATES 25 YEARS OF PROMOTING YOUNG FASHION DESIGNERS

Over the 25 years since the foundation of LVMH, the Houses in the Group have all been inspired
by a passion for creativity and innovation while nourishing an exceptional heritage rooted in time-honored know-how. As Bernard Arnault explains: “Innovation is more powerful when it springs
from a preserved heritage.”

In métiers as diverse as fashion, jewelry, perfumes, leather goods, winemaking or watches,
LVMH brands and designers stand apart in their quest for excellence, and their unique passion
for innovation, invention and creativity.

Because both its roots and future are intimately linked to creativity, LVMH and its brands have always actively nourished creative talent. Creativity is one of the Group’s core values, guiding all its teams, from designers to noses to cellar masters. This engagement inspires all LVMH houses to actively support creativity in every form. For that reason, the Louis Vuitton Foundation for contemporary art opened to the public in October 2014 in a sumptuous building created by Frank Gehry, adding to LVMH’s lasting sponsorship of the arts.

Motivated by this “passion for creativity”, LVMH has for many years supported the world of fashion globally through corporate philanthropic initiatives, including:

• the ANDAM Fashion Awards (Association Nationale de Développement des Arts de la Mode)
• the Hyères International Fashion and Photography Festival
• Central Saint Martins College of Art and Design in London
• the investment fund for young designers created by the French Ministry of Culture
  and Communication.This same passion has led the LVMH Group to launch the LVMH Prize for Young Fashion Designers.

This initiative helps drive the momentum and emergence of fresh talent that is essential to the vitality and diversity of the fashion ecosystem, a role that is perfectly in phase with the responsibilities of the world leader in luxury.