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LVMH prize

Launched in November 2013, the LVMH Prize was created to honour and support young fashion designers around the world. One young deisgner is awarded a prize of 300,000 euros, and three graduates are awarded 10,000 each.

Eligibility
Eligibility for the prize is as follows:

LVMH Young Designer Prize
Applicants must have a young fashion brand and meet the following criteria:

-       Older than 18 and under 40

-       Have produced at least two collections

-       Collections are menswear or womenswear (not accessories)

LVMH Graduate Prize

Applicants must meet the following criteria:

-       Graduating in the current year

-       Have created at least six original outfits in menswear or womenswear

Selection process
The LVMH Prize committee establishes a shortlist of 30 candidates, from which the international committee of experts (comprising journalists, stylists and buyers) selects the ten finalists.

The overall winner is then selected by the prize jury. The jury for the 2014 prize comprised Nicolas Ghesquière, Marc Jacobs, Karl Lagerfeld, Humberto Leon & Carol Lim, Phoebe Philo, Raf Simons, Ricardo Tisci, Delphine Arnault, Jean-Paul Claverie, and Pierre-Yves Roussel.