Over the 25 years since the foundation of LVMH, the Houses in the Group have all been inspired by a passion for creativity and innovation while nourishing an exceptional heritage rooted in time- honored know-how. As Bernard Arnault explains: “Innovation is more powerful when it springs from a preserved heritage.”
In métiers as diverse as fashion, jewelry, perfumes, leather goods, winemaking or watches, LVMH brands and designers stand apart in their quest for excellence, and their unique passion for innovation, invention and creativity.
Because both its roots and future are intimately linked to creativity, LVMH and its brands have al- ways actively nourished creative talent. Creativity is one of the Group’s core values, guiding all its teams, from designers to noses to cellar masters. This engagement inspires all LVMH houses to actively support creativity in every form. For that reason, the Louis Vuitton Foundation for contemporary art opened to the public in October 2014 in a sumptuous building created by Frank Gehry, adding to LVMH’s lasting sponsorship of the arts.
Motivated by this “passion for creativity”, LVMH has for many years supported the world of fashion globally through corporate philanthropic initiatives, including:
• the ANDAM Fashion Awards (Association Nationale de Développement des Arts de la Mode)
• the Hyères International Fashion and Photography Festival
• Central Saint Martins College of Art and Design in London
• the investment fund for young designers created by the French Ministry of Culture and Communication.
This same passion has led the LVMH Group to launch the LVMH Prize for Young Fashion Designers. This initiative helps drive the momentum and emergence of fresh talent that is essential to the vitality and diversity of the fashion ecosystem, a role that is perfectly in phase with the responsibilities of the world leader in luxury.
For its tenth anniversary, the LVMH Prize for Young Fashion Designers has confirmed its success and international scope: over 2,400 candidates applied for the 2023 edition, a record number of entries from all over the world. When the applications closed, 22 young brands were selected for the semi-final. The designers hail from 15 countries, including, for the first time, from Brazil and Jamaica, celebrating a great diversity of cultures and talents.
The 22 semi-finalists will present their collections and their creative world on the occasion of a showroom in Paris on March 2nd and 3rd, 2023. This year, the LVMH Prize will once again be held digitally on the dedicated website lvmhprize.com and will involve the general public: from March 1st to 5th, the public will be able to discover the designers and vote for their favorite candidate. This vote will be added to the experts’ vote.
During this semi-final – which takes the form of a digital showroom and a physical presentation – the International Committee of Experts of the LVMH Prize, composed of specialists from the world of fashionand the public, will vote to select the eight finalists.