LVMH ANNOUNCES 2025 LVMH PRIZE FOR YOUNG FASHION DESIGNERS, 12TH EDITION
LVMH launched the 12th edition of its young fashion designers competition today. The competition is open to fashion designers from around the world aged between 18 and 40 who have created at least two womenswear, menswear, or genderless ready-to-wear collections. Applications must be submitted on the prize website, lvmhprize.com, by Sunday, January 12th, 2025. The semi-final will occur on Wednesday, March 5th, and Thursday, March 6th, 2025. Entries will be accessible to everyone on the prize website and social media beginning Wednesday, March 5th, 2025, for the prize experts and the general public to discover and select the finalists.
The LVMH Prize includes three awards:
The LVMH Prize for Young Fashion Designers: The winner receives a 400,000-euro endowment and an LVMH mentorship that includes support in sustainable development, communication, copyright, and corporate legal aspects, as well as marketing, manufacturing, and brand financial management.
The Karl Lagerfeld Prize winner receives a 200,000-euro endowment and a one-year LVMH mentorship.
The Savoir-Faire Prize winner also receives a 200,000-euro endowment and one-year mentorship. The first recipient of this award was Michael Stewart for Standing Ground in 2024.
For the past 10 years, LVMH, in collaboration with fashion schools, has awarded a prize to support and promote young graduates leaving fashion school in 2025. Three winners will join the creative studios of the group’s major houses on one-year fixed-term contracts and receive a 10,000-euro allocation, and a grant to help them settle in Paris. Applications for this prize are also open today through March 30th, 2025, on lvmhprize.com.
Some of the winners of the previous editions of the prize include:
Hodakova (2024 winner)
Duran Lantink (2024 Karl Lagerfeld Prize)
Standing Ground (2024 Savoir-Faire Prize)
Setchu (2023 winner)
S.S. Daley (2022 winner)
KidSuper, Lukhanyo Mdingi, Rui (2021 Karl Lagerfeld Prize)
Marine Serre (2017 winner)
Grace Wales Bonner (2016 winner)
Jacquemus (2015 Special Prize)
Hood by Air, Miuniku (2014 Special Prize)
In the 25 years since the founding of LVMH, the houses in the group have all been inspired by a passion for creativity and innovation while nourishing an exceptional heritage rooted in time-honored know-how.
As Bernard Arnault explains, “Innovation is more powerful when it springs from a preserved heritage.”