It’s back! Starting today, LVMH is accepting applications for its second-ever Prize for Young Fashion Designers. At stake is €300,000 and a yearlong mentorship courtesy of the luxury conglomerate.
Last year’s winners include Hood by Air, Miuniku and Thomas Tait, who took home top honors out of 1200 applicants in the first go-round of the competition. Now, LVMH is looking for another crop of young designers, with the help of LVMH bigwigs Delphine Arnault, Jean-Paul Claverie and Pierre-Yves Roussel, as well as creative directors Nicolas Ghesquière, Humberto Leon and Carol Lim, Phoebe Philo, Marc Jacobs, Karl Lagerfeld, Raf Simons, Riccardo Tisci and Jonathan Anderson.
From today until February 8, up-and-coming designers under the age of 40 can apply if they’ve already showed and sold at least two ready-to-wear collections. Recent fashion school grads are also up for their own honor; three lucky, talented young bucks will win €10,000 and work on an LVMH design team for a year. Applications are open for this particular prize from today until May 3.
At the start of March, 10 finalists will be chosen for the award and in June the winner will be announced. Head over to LVMH’s dedicated prize site to enter and learn more about the competition.