The LVMH Prize Has Been Renamed to Honor Karl Lagerfeld
Karl Lagerfeld. On Wednesday, the company announced that they are renaming their award for emerging young designers, previously called the Unique Reward, changing it to the Karl Lagerfeld Prize.Lagerfeld had been included with the LVMH Reward since its starting in 2014( previous winners include Simone Porte Jacquemus, Hood by Air’s Shayne Oliver, Rok Hwang of Rokh, Vejas Kruszewski, and Thomas Tait, who Lagerfeld said” sketches effectively”).” He was totally dedicatedto it considering that the first day, “LVMH Executive VP Delphine Arnault told Women ‘s Use Daily.” The Karl Lagerfeld Reward naturally perpetuates the nearness we established throughout the years and is a homage to the guy’s distinct creative genius.” The honor is even more apt considering that Lagerfeld got his start in style by winning a young designer award( together with, as fate would have it, his career-long competing Yves Saint Laurent). Arnault added that the name of the reward” naturally perpetuates the nearness we developed over the years and is a tribute to [Lagerfeld’s] distinct imaginative genius, to his capability to turn Paris into the style capital of
the world.” The winner of the Karl Lagerfeld reward will receive EUR150,000 and a 1 year mentorship program within LVMH,
that includes a crash course in everything from production circulation, copyright issues, and marketing. This year’s 8 finalists include Arealage by Kunihiko Morinaga, Bethany Williams, Bode by Emily Adams Bode, Hed Mayner, Kenneth Ize by Kenneth Izedonmwen, Phipps by Spencer Phipps, Stefan Cooke by Stefan Cooke, Jake Burt and Thebe Magugu. There were over 1,700 applicants from over 100 countries.And the jury is stacked– the members of the community that will pick the winners of the Karl Lagerfeld Prize and the primary Grand Prize (won in the last few years by the similarity Grace Wales Bonner and Marine Serre) include Marc Jacobs, Louis Vuitton’s Nicolas Ghesquière, Givenchy’s Clare Waight Keller, Maria Grazia Chiuri of Dior, Loewe’s Jonathan Anderson, and Berluti’s Kris Van Assche. The winner will be announced on September 4th at the Fondation Louis Vuitton in Paris.