In response to the coronavirus pandemic, the LVMH 2020 Prize edition has been canceled, which would have otherwise taken place on June 5 at the Fondation Louis Vuitton in Paris.

The eight finalists would have gathered to present their collections to a group of handpicked industry judges, including Virgil Abloh, Rihanna, Stella McCartney, Marc Jacobs, etc, and compete for the winning cash prize of €300,000, which has, due to the cancelation of the event, been distributed evenly among the finalists: Priya Ahluwalia, Casablanca designer Charaf Tajer, Nicholas Daley, Peter Do, Sindiso Khumalo, Tomo Koizumi, Supriya Lele and Emma Chopova and Laura Lowena of Chopova Lowena.

Delphine Arnault in a statement: “Since its launch, the LVMH Prize has promoted and nurtured young talent. Each year, it places the spotlight on young designers from all over the world and supports the development of their companies. In this challenging context, this fund in aid of young fashion designers highlights the main mission of the LVMH Prize by supporting our former winners.”

 

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★ Special Announcement ★ As a result of the Covid-19 pandemic, the final of the 7th edition of the LVMH Prize for Young Fashion Designers, originally scheduled on 5th June 2020 at the Louis Vuitton Foundation, has been cancelled. This year, the allocation of the LVMH Prize will be awarded to the eight finalists of the 2020 edition who were selected by the committee of Experts during the semi-final on 27th and 28th February 2020. The 300,000-euro award will be distributed equally among the finalists. The health crisis poses an economic threat to young talent. That is why the LVMH Prize has set up a Fund in aid of young fashion designers that will notably be supplemented by the 2020 Karl Lagerfeld Prize allocation. In virtue of the bond of solidarity within the LVMH Prize community, this Fund will benefit all the winning designers and their brands awarded with the LVMH Prize for Young Fashion Designers and the Karl Lagerfeld Prize over the six previous editions, upon application. Details of the program will be provided at a later date. Delphine Arnault declares: “Since its launch, the LVMH Prize has promoted and nurtured young talent. Each year, it places the spotlight on young designers from all over the world and supports the development of their companies. In this challenging context, this Fund in aid of young fashion designers highlights the main mission of the LVMH Prize by supporting our former winners.” #lvmhprize #lvmhprize2020

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Posted by:Staff