LVMH has created a special new prize for young designers named after Karl Lagerfeld, whose own career was ignited by winning an award. The LVMH Prize's Special Prize will now be known as the Karl Lagerfeld Prize.
Luxury conglomerate LVMH has pushed back the final of its much-watched LVMH Prize to September, the first time the award ceremony will take place in autumn; on September 4 in Paris, inside the Fondation Louis Vuitton.
French luxury group LVMH has revealed a diverse selection of labels as the eight finalists for the sixth edition of its Young Fashion Designer Prize. The winning brand will be announced in Paris this June.
The world’s luxury number one is proposing to appoint the president of Warner Bros. France to its board in place of Bernadette Chirac, and to appoint photographer Yann Arthus-Bertrand as board observer.
Founded by Delphine Arnault in 2014, the LVMH Prize has welcomed 16 new experts to its committee and announced the calendar for this year's competition. Applications for designers are open until 4 February.