The highly prestigious LVMH Prize 2024 for Young Fashion Designers Final Ceremony took place at the Foundation Louis Vuitton on 10th September where the jury awarded the LVMH Prize to Ellen Hodakova Larsson, 32, a Swedish designer, Founder of the womenswear brand Hodakova. She will receive a €400,000 endowment and will be mentored by a team of LVMH experts for one year. The Hollywood actress, Film Director & Producer, Natalie Portman presented the award.
The Karl Lagerfeld Prize was awarded to Duran Lantink, 36, a Dutch designer, Founder of the womenswear, menswear, and genderless brand Duran Lantink. It includes a 200,000€ endowment and a year’s mentorship by the LVMH Group. The Twilight Saga fame Hollywood actor Robert Pattinson revealed the name of the winner of this prize.
This year saw the launch of a new award: the Savoir-Faire Prize. It focuses on exceptional craftsmanship, technical expertise, innovation, or sustainability in a young brand awarded to Standing Ground, a womenswear brand founded by Michael Stewart, 35, an Irish designer. He will receive 200,000€ and a one-year mentorship by a team of LVMH experts. He will also enjoy support from the LVMH Métiers d’Excellence through a collaboration with Maison Vermont, the embroidery specialist. It will provide the winner with 50,000€ of embellishments for his upcoming collection. The prize was presented by the Spanish actress Ana de Armas.
Each winner will also enjoy a specific mentoring program as well as an allowance of 20,000€ and 10,000€ respectively on the Nona Source platform, which aims to revalue deadstock materials from the Group’s Fashion and Leather Goods brands.
Moreover, three young fashion school graduates were distinguished: Marine Gilles, a graduate of HEAD (Geneva), Lovro Lukić, a graduate of Central Saint Martins (London) and Mickaël Nana, a graduate of ENSAD (Paris). Each will receive 10,000€ and join the studios of three Houses of the LVMH Group for one year, respectively Louis Vuitton, Loewe, and Dior Homme.
Cover Pic Credit: LVMH Prize Instagram