Recently, LVMH announced its list of eight finalists for the prestigious LVMH Prize. This year’s list of finalists is the most diverse the competition has ever seen, with finalists hailing from countries such as Israel, Nigeria, and South Africa.
What makes this list of finalists even more astounding is how they incorporate environmental ethics into their designs. Delphine Arnault, the executive vice president of Louis Vuitton and founder of the Prize, pointed out a few finalists in particular who focus on sustainability: “This was the case at Phipps, with Spencer Phipps’s fabric sourcing and his informed approach to the environment. Or for instance with Bethany Williams, who is committed to aiding minorities through her involvement in fashion,” she said to Vogue.
The LVMH Prize was created to celebrate and support young fashion designers around the world. One young designer will be chosen to claim the coveted award. The winner of The Young Fashion Designer Prize will have a grant of 300,000 euros (approx. $340,000 USD) and personalized technical and financial support from LVMH for a 12-month period.
Some of the most renowned personalities and designers of the fashion world will judge the eight finalists — namely, J.W. Anderson (creative director of Loewe), Kris Van Assche (creative director of Berluti), Maria Grazia Chiuri (creative director of Dior), Nicolas Ghesquière (creative director of Louis Vuitton), Marc Jacobs, Clare Waight Keller (creative director of Givenchy), Delphine Arnault (executive vice president of Louis Vuitton), Jean-Paul Claverie (advisor to Bernard Arnault), Sidney Toledano (chairman and chief executive officer of LVMH) and Humberto Leon & Carol Lim (creative directors of Kenzo). Winners will be announced in June.