LVMH LAUNCHES THE LVMH YOUNG FASHION DESIGNERS PRIZE -The winner will receive a grant of 300,000 euros, as well as personalized assistance from a special LVMH team in developing their company for a period of twelve months.

Dear Shaded Viewers,

The LVMH Young Fashion Designer Prize is a groundbreaking award in terms of concept, content and international scope. Each year, the prize will celebrate a young designer recognized for his or her exceptional talent.

LVMH will also recognize three recent fashion school graduates, offering them an opportunity to join the design team at an LVMH brand for one year.

For the LVMH Prize, the Group has asked eight creative directors from its Fashion Houses to select the most promising young fashion designer each year.

For Delphine Arnault : "The LVMH Prize has been created to support promising young fashion designers. This philanthropic initiative resonates powerfully with the core values of our Group. Our designers will recognize the talents of tomorrow, who will receive awards and support in developing their brand. Our goal is clearly to energize the vitality and creativity of the fashion world on a global scale. As a leader in our industry, we have a responsibility to discover young talents and to help them flourish."

The members of the jury for the first edition of the prize in 2014 will be composed of eight creative directors from LVMH Fashion Houses including: Nicolas Ghesqui

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Diane Pernet

A LEGENDARY FIGURE IN FASHION and a pioneer of blogging, Diane is a respected journalist, critic, curator and talent-hunter based in Paris. During her prolific career, she designed her own successful brand in New York, costume designer, photographer, and filmmaker.

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