The LVMH group is currently accepting applications for the LVMH Prize, the Karl Lagerfeld Prize, and the Young Graduates Prize until February 28th. This prestigious fashion prize, now in its 8th edition, has been recognizing and supporting talented young designers since 2014.
Despite the challenges posed by the ongoing pandemic and social distancing measures, the LVMH group remains committed to nurturing and celebrating the next generation of fashion designers. The registration process for the 2021 edition has already begun, with 20 semi-finalists set to be selected, followed by 8 finalists chosen by industry professionals. The ultimate winners of the LVMH Prize will then be chosen by a jury of esteemed fashion experts.
The LVMH Prize and the Karl Lagerfeld Prize not only provide recognition to emerging designers but also offer them personalized mentorship and grants of 300,000 euros and 150,000 euros respectively. The Young Graduates Prize, on the other hand, gives three lucky winners the opportunity to join the creative studios of LVMH Group houses for a one-year duration, providing invaluable hands-on experience.
Last year, due to the unprecedented circumstances of the global pandemic, the LVMH Prize was regrettably canceled. However, the grant that was allocated for the prize was distributed among the deserving finalists, ensuring that their creative endeavors were still supported.
Overall, the LVMH Prize continues to be a beacon of hope and a platform for aspiring fashion designers, offering them not only financial assistance but also invaluable mentorship and exposure within the industry.
For more information and to apply for the LVMH Prize, the Karl Lagerfeld Prize, or the Young Graduates Prize, please visit their official website. [Link 1]
Image credit: ©LVMH
[Link 1: https://www.lvmhprize.com/]
