LVMH launches Fund in Aid of Young Fashion Designers

LVMH is inviting previous Prize for Young Designers winners to apply for additional funding from the fashion conglomerate.The annual prizegiving usually sees one young designer scooping a top prize of $336,000 (£270,000) and a year-long mentorship fro…

LVMH is inviting previous Prize for Young Designers winners to apply for additional funding from the fashion conglomerate.

The annual prizegiving usually sees one young designer scooping a top prize of $336,000 (£270,000) and a year-long mentorship from LVHM, while the runner-up takes home the $168,000 (£135,000) Karl Lagerfeld Prize.

In April, the company revealed it was cancelling the final of the 2020 prize in light of Covid-19, deciding to instead share the prize money between all eight finalists, giving them $45,000 (£36,000) each.

Now, it has been revealed that the money from the Karl Lagerfeld Prize will go towards the Fund in Aid of Young Fashion Designers, which will be supplemented by additional prize budget money.

A total of 13 previous winners of both the main award and runners-up prizes will benefit from the help, upon application.

“Each fund request will be examined by the LVMH Prize team and appraised according to the situation, the difficulties encountered and the specific needs of each brand in the wake of Covid-19,” LVMH representatives said in a statement on Friday.

Executive vice president of Louis Vuitton, Delphine Arnault, who launched the prize in 2013, further elaborated on the new fund.

“In these challenging times, the mission of the LVMH Prize in support of young talent is more critical than ever. The Fund in Aid of Young Fashion Designers allows the winners to temporarily benefit from essential help in order to sustain their creativity and their brands,” Arnault said.

Previous winners include Grace Wales Bonner, Marques’Almeida, and Thomas Tait.

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Johnny Coca tapped to head Louis Vuitton’s leather goods division

Johnny Coca has been named as the new head of Louis Vuitton’s leather goods division.The Spanish fashion star previously served as creative director at Mulberry, but announced his departure from the British heritage house following a five-year stint in…

Johnny Coca has been named as the new head of Louis Vuitton’s leather goods division.

The Spanish fashion star previously served as creative director at Mulberry, but announced his departure from the British heritage house following a five-year stint in March.

Now, Coca has confirmed he is relocating to Paris to begin work in the French luxury brand’s accessories department, where he will partner with womenswear creative director Nicolas Ghesquiere.

“I am proud to join Nicolas Ghesquiere and the Louis Vuitton teams to develop the women’s handbag lines and fine leather goods,” he said. “For me, this is a real return to my roots, where I had the chance to live my passion for the first time and to learn the fundamentals of my profession in the heart of the workshops in Asnieres. A new stage in my own creative journey is now opening up for me in this laboratory between heritage and modernity.”

Coca will officially begin his new role on 2 June. It’s not the first time he has worked for Louis Vuitton, having honed his design skills at the house following his studies before taking up roles at Bally and Celine.

And Ghesquiere is looking forward to collaborating with Coca on upcoming collections.

“I welcome Johnny to the Maison Louis Vuitton and I am happy that he is joining me in this adventure that started several years ago. The teams and I look forward to working with him in the universe inspiring Louis Vuitton,” he stated, while Louis Vuitton executive vice president Delphine Arnault added: “I am delighted with Johnny’s return to Louis Vuitton and the LVMH Group. He will enrich our creative force and our capacity for innovation. Johnny knows the spirit of Louis Vuitton and shares our vision, and I am delighted that he is joining us.”

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Stella McCartney and Virgil Abloh join 2020 LVMH Prize jury

Stella McCartney and Virgil Abloh are to help judge the 2020 LVMH Prize for Young Fashion Designers competition.Every year since 2013, executives at Moet Hennessy Louis Vuitton (LVMH) have held the prestigious contest, with the Young Fashion Designers …

Stella McCartney and Virgil Abloh are to help judge the 2020 LVMH Prize for Young Fashion Designers competition.

Every year since 2013, executives at Moet Hennessy Louis Vuitton (LVMH) have held the prestigious contest, with the Young Fashion Designers competition open to designers from around the world who have produced at least two collections and who are under 40.

On Tuesday, organisers announced that this year’s winner will be announced at an event held at the Fondation Louis Vuitton in Paris on 5 June, with McCartney and Louis Vuitton menswear designer Abloh among the panel.

Singer Rihanna, who launched her Fenty clothing label in partnership with the luxury conglomerate last year, will also be on the jury.

“For this seventh edition, I am delighted to announce the arrival of Virgil Abloh, former Prize finalist, Robyn Rihanna Fenty, and Stella McCartney in the jury of the LVMH Prize,” said Delphine Arnault, executive vice president of Louis Vuitton, in a statement. “They will be joining our prestigious panel which includes: Jonathan Anderson, Kris Van Assche, Nicolas Ghesquiere, Maria Grazia Chiuri, Marc Jacobs, Clare Waight Keller as well as Sidney Toledano, Jean-Paul Claverie and I. I wish to thank them for their involvement and their support to young creation. The prize is an incredible opportunity for these young designers to be appraised by them and to enjoy their advice.”

Those in the running for the 2020 LVMH Prize include New York-based designer Peter Do, British-Indian designer Supriya Lele, British menswear designer Priya Ahluwalia of Ahluwalia, French menswear designer Charaf Tajer of Casablanca, Emma Chopova and Laura Lowena of womenswear brand Chopova Lowena, London-based menswear designer Nicholas Daley, South African womenswear designer Sindiso Khumalo, and Japanese womenswear designer Tomotaka Koizumi of Tomo Koizumi.

The winner will take home $340,000 (£260,000) and receive support from executives at the company for 12 months.

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Gigi Hadid joins expert committee for LVMH Prize for Young Fashion Designers

Gigi Hadid is to help judge the upcoming LVMH Prize for Young Fashion Designers.The 24-year-old will work alongside 68 people from the world of fashion and media, including Italian model and influencer Chiara Ferragni, in an effort by the organisers of…

Gigi Hadid is to help judge the upcoming LVMH Prize for Young Fashion Designers.

The 24-year-old will work alongside 68 people from the world of fashion and media, including Italian model and influencer Chiara Ferragni, in an effort by the organisers of the competition to appeal to a younger audience.

Gigi will also serve as ambassador in March, when the semi-finalists show their collections to a panel of industry figures, according to editors at WWD.

The model joins influencers Caroline Daur and Leaf Greener, and six other newcomers, including Ibrahim Kamara, senior fashion editor at large for i-D magazine, Natalie Kingham from Matches fashion, and Moda Operandi co-founder Lauren Santo Domingo.

Delphine Arnault, executive vice president of Louis Vuitton, thanked the new additions for the “commitment” to the prestigious fashion prize.

“They are witnesses and essential actors of fashion. Their vision helps to discover the most promising talents. I would like to thank them warmly for their loyalty and commitment to our cause,” she said in a statement.

The winner will be decided by a jury comprised of designers from top LVMH fashion houses such as Marc Jacobs, Fendi, Christian Dior, and Givenchy.

The prize is open to designers under the age of 40 who have presented and sold at least two collections of women’s, men’s or unisex ready-to-wear.

A cash prize of $330,000 (£254,000), plus a year of coaching from experts, is up for grabs.

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Thebe Magugu wins 2019 LVMH Prize for Young Fashion Designers

Thebe Magugu has been crowned the winner of the 2019 LVMH Prize for Young Fashion Designers.Every year since 2013, executives at Moet Hennessy Louis Vuitton (LVMH) have held the prestigious contest, with the competition open to designers from around th…

Thebe Magugu has been crowned the winner of the 2019 LVMH Prize for Young Fashion Designers.

Every year since 2013, executives at Moet Hennessy Louis Vuitton (LVMH) have held the prestigious contest, with the competition open to designers from around the world who have produced at least two collections and who are under 40.

Following an intense round of interviews and challenges, rising South African designer Magugu was bestowed with the top honour by actress Alicia Vikander at a ceremony held at the Fondation Louis Vuitton in Paris on Wednesday afternoon.

“I am delighted that, for the first time, an African candidate has won the Prize, all the more so since Thebe Magugu, aged 26, is the youngest designer of the 2019 selection,” Delphine Arnault, head of the competition and executive vice president of Louis Vuitton, said of Magugu in a statement. “His creative work appropriates the codes of menswear and womenswear, of the traditional and the experimental, playing with volumes and traditional South African know-how.”

Magugu will take home $338,000 (£275,000) and receive mentoring from executives at the company for 12 months. Israeli designer Hed Mayner, 33, was selected as runner-up and received the 2019 Karl Lagerfeld Prize. He will also enjoy a one-year mentorship programme and $165,000 (£135,000).

“The jury was also seduced by Hed Mayner’s contemporary vision. His collections question the notion of gender through an aesthetic that blends soft lines and structure, simplicity and luxury,” added Arnault.

More than 1,700 candidates applied for the 2019 LVMH Prize for Young Fashion Designers, with the six other finalists including Japanese designer Kunihiko Morinaga of Anrealage, American fashion star Spencer Phipps, Stefan Cooke and Jake Burt of British label Stefan Cooke, and Nigerian designer Kenneth Izedonmwen of Kenneth Ize.

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Bode and Bethany Williams among 2019 LVMH Prize finalists

Bode’s Emily Adams Bode and Bethany Williams are among the finalists for the 2019 LVMH Prize for Young Designers.Every year since 2013, executives at Moet Hennessy Louis Vuitton (LVMH) have held the prestigious contest, with the Young Fashion Designer …

Bode’s Emily Adams Bode and Bethany Williams are among the finalists for the 2019 LVMH Prize for Young Designers.

Every year since 2013, executives at Moet Hennessy Louis Vuitton (LVMH) have held the prestigious contest, with the Young Fashion Designer competition open to designers from around the world who have produced at least two collections and who are under 40.

On Wednesday (27Mar19), organisers announced the final group of eight designers, with Bode, a New York-based menswear designer, and London-based designer Williams, an advocate for sustainable fashion and the second winner of the Queen Elizabeth II Award for British Design, in the running.

Other finalists include Japanese designer Kunihiko Morinaga of Anrealage, Israel-based Hed Mayner, American fashion star Spencer Phipps, who is currently working in Paris, Stefan Cooke and Jake Burt of British label Stefan Cooke, Nigerian designer Kenneth Izedonmwen of Kenneth Ize, and South Africa’s Thebe Magugu.

With regard to the finalists, Delphine Arnault, the executive vice president of Louis Vuitton, said she was pleased to see so much diversity and noted that it was the first time the contest has had finalists representing South Africa, Nigeria, and Israel.

“Each new edition brings its lot of firsts,” she said in an interview for Vogue.com. “It goes to show the reach of the prize on the one hand, and on the other, the reach of fashion, its ability to touch more and more people, thanks in part to the Internet. It is truly a unifying dynamic.”

The winner of the LVMH Prize for Young Designers, who will take home $338,000 (£255,000) and receive support from executives at the company for 12 months, will be announced at an event in June.

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Chiara Ferragni named as latest addition to LVMH panel

Chiara Ferragni is joining the prestigious LVMH Prize panel along with 15 other fashion figures.The Italian fashion influencer, who boasts 15.9 million Instagram followers, is being welcomed into the Moet Hennessy Louis Vuitton (LVMH) fold to help judg…

Chiara Ferragni is joining the prestigious LVMH Prize panel along with 15 other fashion figures.

The Italian fashion influencer, who boasts 15.9 million Instagram followers, is being welcomed into the Moet Hennessy Louis Vuitton (LVMH) fold to help judge the Young Fashion Designers prize.

She joins fellow newcomers British Vogue editor-in-chief Edward Enninful and supermodel Naomi Campbell.

“We are thrilled to welcome this year both prominent personalities from traditional fashion media and professionals who have succeeded in creating innovative online platforms for communication and commerce,” said LVMH’s Delphine Arnault in a statement.

There are now 62 experts sitting on the panel, with around half coming from a traditional media background, and the others from newer mediums.

“However, the titles represented also have a presence online, and the line between print and web has become increasingly blurred,” Delphine commented to WWD. “The appearance in recent years of pure web players has been a game-changer and created new platforms for fashion lovers who yearned to express something new.

“They represent fertile ground for expression and opportunity for designers. The emergence of certain pure players has been a springboard for young designers, alongside a specialist press that spots them. It was our duty to identify and support these new opportunities to support the development of young brands.”

Chiara made her name through blog The Blonde Salad, and the last few years has been tapped by Lancome, Intimissimi and Tod’s, among other brands.

Applications for the 2019 LVMH Prize for Young Fashion Designers closes on 4 February. Previous winners include Marques’Almeida and Thomas Tait.

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Doublet’s Masayuki Ino wins 2018 LVMH Prize for Young Fashion Designers

Doublet designer Masayuki Ino has won the 2018 Moet Hennessy Louis Vuitton (LVMH) Prize for Young Fashion Designers.Each year, LVMH executives reward an upcoming designer, selected for his or her talent and outstanding creativity, with a $354,000 (£26…

Doublet designer Masayuki Ino has won the 2018 Moet Hennessy Louis Vuitton (LVMH) Prize for Young Fashion Designers.

Each year, LVMH executives reward an upcoming designer, selected for his or her talent and outstanding creativity, with a $354,000 (£262,000) grant, one-year of mentorship and support in all areas of business expertise.

After nine designers were shortlisted by 48 international fashion industry experts, it was announced at a ceremony in Paris on Wednesday (06Jun18) that Japanese streetwear star Ino was the winner, while Korean designer Rok Hwang of the label Rokh was the runner-up.

“We were impressed by the contemporary resourcefulness that instills Masayuki Ino’s designs with an urban touch infused with fresh poetry,” Delphine Arnault, director and executive vice president of Louis Vuitton, said in a statement. “We have also awarded a Special Prize to Rok Hwang. We were seduced by Rok Hwang’s designs, by his feminine, sensuous and empowering creations and by his command of complex pattern-making.”

Hwang will receive a $177,000 (£130,000) grant and a one-year mentoring programme from LVMH. The fifth edition of the LVMH Prize saw over 1,300 young talents from more than 90 countries compete.

A number of high-profile names were included on the judging panel, such as Loewe’s J.W. Anderson, Dior’s Maria Grazia Chiuri, Louis Vuitton’s Nicolas Ghesquiere, Marc Jacobs, Givenchy’s Clare Waight Keller, Karl Lagerfeld, Kenzo’s Humberto Leon and Carol Lim.

Arnault, Jean-Paul Claverie and chairman and Chief Executive Officer of LVMH, Sidney Toledano, were also panelists, while Louis Vuitton brand ambassadors Emma Stone and Jaden Smith were on hand to present the winners with trophies.

In addition to the main winners, the event organisers also singled out three young graduates from fashion schools, Archie M. Alled-Martinez, Maya Chantout and Scylia Chevaux, who will work at LVMH fashion houses for the next year.

Last year, French designer Marine Serre was the recipient of the LVMH Prize and a Special Prize was awarded to Japanese designer Kozaburo Akasaka.

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