Drawing on its successful first edition and three very promising winners, designer Thomas Tait, the brand Miuniku and the collective Hood by Air. Lately LVMH announces the launch of the 2015 edition of the LVMH Prize for Young Fashion Designers.
It rewards a particularly remarkable designer for his or her talent. The winner receives a grant of 300,000 euros, as well as a personalized mentorship from a dedicated LVMH team in developing their company for a period of twelve months.
In addition, the LVMH Prize also recognizes three recent fashion school graduates, offering them an opportunity to join the design team at an LVMH brand for one year and awarding them a 10 000 euro grant.
The jury is composed of nine creative directors of the LVMH fashion houses : Nicolas Ghesquière (Louis Vuitton), Marc Jacobs (Marc Jacobs), Karl Lagerfeld (Fendi), Humberto Leon and Carol Lim (Kenzo), Phoebe Philo (Céline), Raf Simons (Dior), Riccardo Tisci (Givenchy) who will be joined by J.W. Anderson (Loewe). Delphine Arnault, Jean-Paul Claverie (advisor to Bernard Arnault and head of corporate philanthropy for LVMH) and Pierre-Yves Roussel (Chairman and CEO of the LVMH Fashion Group) will also be part of it.
“With this second edition of the LVMH Prize for Young Designers, the Group confirms its ongoing dedication to young talent. It is our responsibility as leader of our industry to identify tomorrow’s talents and help them grow,” said Delphine Arnault.