LVMH Opens Applications for 2021 Prize
Calling all young designers.
LVMH has officially launched applications for its prestigious Prize for Young Fashion Designers, now in its eighth year.
Open to designers under 40 who have produced at least two collections, the global competition will award one promising winner with €330,000 EUR (approximately $401,600 USD) and a mentorship advising on business practices including sustainable development, marketing and copyright. A second award, the Karl Lagerfeld Special Jury Prize, will grant one designer with €150,000 EUR and a one-year mentorship. Due to COVID, Prize semi-finals will be held virtually from April 6 to 11. Last year, the pandemic pushed LVMH to split its Prize between all eight finalists: Ahluwalia, Casablanca, Chopova Lowena, Nicholas Daley, Peter Do, Sindiso Khumalo, Tomo Koizumi and Supriya Lele.
LVMH Prize applications are open via the LVMH website through February 28.
