LVMH launched its Prize for Young Fashion Designers in 2013. This competition is open to fashion designers from all over the world aged between 18 and 40 who have created at least two womenswear, menswear or genderless ready-to-wear collections.
CREATION OF THE LVMH SAVOIR-FAIRE PRIZE IN ADDITION TO THE LVMH PRIZE AND THE KARL LAGERFELD PRIZE
For the first time, LVMH, true to its core values, wishes to reward excellence in craftsmanship, technical innovation at the service of creativity, and sustainability through the Savoir-Faire Prize. By celebrating exceptional craftsmanship, this new prize within the LVMH Prize aims to promote the transmission of skills.
The Savoir-Faire Prize will distinguish a young brand selected among this edition’s finalists.
It comes in addition to the LVMH Prize and the Karl Lagerfeld Prize. This initiative will also be an opportunity to welcome new Experts, who will be announced shortly. Their appointment will reflect this quest for artisanal excellence.
Delphine Arnault declares: “The Prize is launching its 11th edition and this year I am delighted to honour our attachment to a core value of creation, savoir-faire. The LVMH Savoir-Faire Prize celebrates excellence in craftsmanship, innovation in design and production, and a more sustainable approach to fashion.”
The LVMH Prize now includes 3 awards:
- The winner of the LVMH Prize for Young Fashion Designers receives a 400,000-euro endowment and enjoys a tailored mentorship by LVMH teams who support the winners in many fields, such as sustainable development, communication, copyright and corporate legal aspects, as well as marketing, manufacturing and the financial management of a brand.
- The winner of the Karl Lagerfeld Prize receives a 200,000-euro endowment and also enjoys a one- year mentorship by LVMH teams.
- The winner of the Savoir-Faire Prize receives a 200,000-euro endowment and also enjoys a one-year mentorship by LVMH teams.
TIMELINE OF THE PRIZE
The applications for the 11th edition of the LVMH Prize will open on Wednesday 8th November 2023. Applications must be submitted on the Prize website: lvmhprize.com.
They will close on Sunday 7th January 2024.
The semi-final of the LVMH Prize will take place on Thursday 29th February and Friday 1st March 2024.
It will be accessible to all on the Prize website and social media from Thursday 29th February 2024, and will be an opportunity for the Prize Experts and the general public to discover and select the finalists among the competing designers.
Furthermore, each year, in collaboration with fashion schools, the Prize distinguishes young fashion school students who graduate in 2024. Applications for the LVMH Prize for Young Fashion Graduates are open from Wednesday 8th November 2023 to Sunday 17th March 2024.
In addition, a behind-the-scenes documentary by Loïc Prigent about the tenth anniversary of the LVMH Prize will be available on the LVMH Prize YouTube channel from 8th November 2023.
THE WINNERS OF THE PREVIOUS EDITIONS
Setchu (2023 winner)
Bettter, Magliano (2023 Karl Lagerfeld Prize)
S.S. Daley (2022 winner)
ERL, Winnie NY (2022 Karl Lagerfeld Prize) Nensi Dojaka (2021 winner)
KidSuper, Lukhanyo Mdingi, Rui (2021 Karl Lagerfeld Prize)
Ahluwalia, Casablanca, Chopova Lowena, Nicholas Daley, Peter Do, Sindiso Khumalo, Supriya Lele, Tomo Koizumi (2020 finalists)
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, 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.