Fashion month has kicked off and it feels like it’s properly back. Quite rightly there’s a concurrent spotlight on newer talent and younger businesses, who will need extra help in reorienting themselves after the ravages of the pandemic. I don’t think I’ve ever seen so many mentoring projects!
The 8th LVMH Prize for Young Fashion Designers just took place, with the main prize won by Nensi Dojaka and three designers sharing the Karl Lagerfeld Prize of €150K each (congrats to my fave, Lukhanyo Mdingi). While prize money is great, it’s not everything. (Remember Thomas Tait’s experience?) So alongside the cash, the LVMH Prize offers access to LVMH’s top tier of luxury business experts, helping designers to bolster their businesses and develop their brands.