Steven Stokey Daley Wins LVMH Prize for 2022

Steven Stokey Daley, the British designer behind the S.S. Daley label, has been announced as the winner of the prestigious LVMH Prize for 2022. The LVMH Prize, established in 2013, is awarded annually to a promising young designer who demonstrates exceptional talent and potential in the fashion industry. Daley was chosen from a pool of eight finalists by a panel of esteemed designers.

As the winner, Daley will receive a prize worth €300,000, which will provide valuable financial support and resources for his burgeoning talent. This prize will enable him to further develop his brand and bring his creative vision to life. Winning the LVMH Prize also grants Daley significant media attention and exposure, giving him the opportunity to showcase his work to a wider audience.

The Karl Lagerfeld Prize for 2022, worth €150,000, was split between two designers. American designer Eli Russell Linnetz, of the brand Erl, and Idris Balogun, a Savile Row-trained tailor and founder of the Winnie New York brand, both received this esteemed award. The winners were presented with their prizes at the Louis Vuitton Foundation in Paris, with Olympic freestyle gold medalist Eileen Gu honoring Linnetz and Balogun.

Daley expressed his excitement and gratitude at winning the LVMH Prize, comparing the experience to winning an Oscar. The award was presented to him by acclaimed actress Cate Blanchett, further enhancing the prestige of the moment. The ceremony took place inside the Louis Vuitton Foundation, an impressive art foundation located in the Bois de Boulogne.

The winner was chosen by a jury comprised of seven senior LVMH designers, including renowned names like Jonathan Anderson, Maria Grazia Chiuri, and Nicolas Ghesquière. Their expertise and discerning eye played a crucial role in selecting Daley as the deserving winner. The selection process began with 20 semi-finalists, who were evaluated by a panel of 77 industry experts. From there, the eight finalists were chosen, and the public was given the opportunity to vote online for their favorite candidate. Over 62,000 people participated in the public vote, highlighting the immense interest and excitement surrounding the LVMH Prize.

It is worth noting that winning the LVMH Prize does not guarantee overnight success in the fashion industry. While it brings substantial monetary rewards and exposure, past winners have had varying trajectories. Some, like Grace Wales Bonner, Marine Serre, and Thebe Magugu, have successfully built high-profile indie brands. Others, like Thomas Tait and Doublet by Masayuki Ino, have faced challenges in maintaining mainstream success. Interestingly, it is often the non-winning finalists, such as Jonathan Anderson, Virgil Abloh, and Simone Rocha, who have gone on to achieve meteoric careers in the fashion industry after their participation in the LVMH Prize.

In conclusion, Steven Stokey Daley’s win of the LVMH Prize for 2022 is a testament to his exceptional talent and potential in the fashion industry. The prize not only provides significant financial support but also opens doors to new opportunities for the young designer. Daley joins the ranks of previous winners who have made a significant impact in the world of fashion, and we eagerly anticipate his future contributions to the industry.

Useful links:
LVMH Prize official website
Business of Fashion article on LVMH Prize finalists

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