How does the LVMH Prize work?

How does the LVMH Prize work?

The winner of the LVMH Prize for Young Fashion Designers receives a €300,000 endowment and benefits from a one-year bespoke mentorship program provided by a dedicated LVMH team. The Karl Lagerfeld/Special Jury Prize rewards a young designer with €150,000 and a mentorship program.

What does LVMH prize stand for?

Moët Hennessy Louis Vuitton
LVMH Moët Hennessy Louis Vuitton.

How do I participate in LVMH prize?

Visit the LVMH Prize’s website to sign up and view the rules until applications close on February 28. After the designers have been selected, they’ll participate in an online-only semi-final from April 6 to 11.

Who can apply for LVMH prize?

The prize is open to designers under 40 years old who have presented and sold at least two collections of women’s, men’s or unisex ready-to-wear. The semi-finalists of the prize are usually selected by a panel of experts during a showroom event held during Paris Fashion Week in March.

What does the winner of the LVMH Prize get?

The winner of the LVMH prize will receive a 300,000 euro grant and personalized assistance in the development of his or her company from a specific team within the Group, over a period of twelve months, as from the presentation of the LVMH Prize.

How does the LVMH Prize for young fashion designers work?

Its concept, content and international scope are unprecedented, and each edition of the LVMH Prize recognizes the talent of a particularly outstanding designer, selected by a jury of Artistic Directors from our Houses. “The LVMH Prize aims to support young fashion designers.

What kind of products does the LVMH group make?

The LVMH group comprises 75 exceptional Houses that create high quality products. It is the only group present in all five major sectors of the luxury market: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry and Selective Retailing.

Who are the Board of directors of LVMH?

The primary decision-making bodies of the LVMH group are the Board of Directors and the Executive Committee. The priority objectives of the Board of Directors, the strategic body of LVMH, are to increase the value of the company and defend its social interest.