LVMH to Establish Global Fashion Prize
LVMH Moët Hennessy Louis Vuitton, along with some of the industry’s biggest creative figures including Karl Lagerfeld, Marc Jacobs, Nicolas Ghesquière, Raf Simons, Phoebe Philo and Riccardo Tisci are launching an amazing international contest for amateur designers ages 18-40 who are trying to make a name for themselves in this very dominate and competitive industry. Applicants are required to have at least presented and sold two collections of women’s or men’s ready-to-wear. Thirty semi-finalists will be chosen out of countless participants to have to opportunity to gain mass exposure, and fly to the French capital during Paris Fashion Week next March to exhibit their wares in the auditorium of its Avenue Montaigne headquarters. An expert committee of buyers, editors and stylists will tour the temporary showroom and meet the designers. The committee will then vote to narrow down the thirty semi-finalists into ten finalists who will then have an opportunity to make a twenty minute presentations to win over the jury, proving that they should be the grand prize winner of the LVMH Young Fashion Designer Prize, which comes with a grant of 300,000 euros, or $405,000 at current exchange, plus a year of coaching with Delphine Arnault the daughter of LVMH CEO, who emerged as a powerful talent scout and advocate for young designers at the luxury giant her family controls.
Arnault is quoted stating that, “LVMH is keen to support young designers in an industry where breaking through can be difficult. Creativity has always been at the center of what we do at LVMH, and as the leader in our industry, it’s our responsibility to find talent, to help talent grow and to help designers structure their company.” LVMH is very excited and eager about the Global Fashion Prize Competition, and plans to continue to underwriter competitions to provide platforms for young up-and-coming designers to fulfill their dreams.
Applications open today at lvmhprize.com, and close February 2, 2014.
Giorgio Armani Finally Joins Italian Chamber of Fashion
After Armani’s previous declines to join the Italian Chamber of Fashion, yesterday the designer delightfully announced that he would join the board. Fellow Italian designer and Costume National creative director, Ennio Capasa’s recent decision to bring his shows to Milan rather than Paris was influential in Armani’s decision. Armani’s prior hindrance from joining the Italian chamber was due to his request that every Italian brand show in Milan.
The designer states that, “While I still believe that all Italian brands should hold their fashion shows in Italy to give due prominence to our country, as an entrepreneur I understand that certain situations, created over the years, need time to be reorganized. “I appreciate the move made by Ennio Capasa, which constitutes an important first step in this direction. In the hope that other Italian companies follow this example, in the meantime, it seems only right, and indeed necessary, for me to send a further strong signal of commitment and confidence aimed at boosting an upswing in the vitality of Italian fashion and, at the same time, to show a sign of support for the actions undertaken by the other brand members of the National Chamber of Italian Fashion.”
Karl Lagerfeld Delivers Master Class in Paris
On Tuesday, some 400 students, mostly in communications, sat intensely listening as fashion designer Karl Lagerfeld delivered a master class at the elite Paris school Sciences Po. The designer elaborated on everything from his love for paper to his aversion to fashions that go straight from the runway to a museum.
As Lagerfeld intrigued his audience with his mile-a-minute parlance, sprinkled with salty humor and snippets of German philosophy, he encouraged each of them to pursue a profession that’s a pleasure, not a chore. He recounted why he did not pursue a university education, but instead plunged himself into the Paris couture world. He states, “I never studied because I didn’t have time”. He went on to expound how he won a fashion prize in 1954 from the International Wool Secretariat alongside Yves Saint Laurent and Colette Bracchi, immediately earning him an offer to intern at Pierre Balmain.
Admirably, because of Lagerfeld passion, determination and perseverance he went on to construct one of the most spectacular fashion careers in recent history, rising to become the couturier at Chanel, a position he has held for 31 years. He has excelled as designer of ready-to-wear and fur at Fendi, 48 years and counting, plus the creative head of his signature fashion house, in addition to a long career designing for Chloé and numerous other brands, not to mention his photography, publishing and film making activities.
Lagerfeld master class in Paris had no choice but to leave a lasting impression upon students, inspiring and motivating them to not only pursue their career endeavors, but to maximize them as well.
– Keyera Simmons
Source & Image: WWD
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Tags: Armani, Chanel, Chloe, Colette Bracchi, Costume National, Delphine Arnault, Ennio Capasaâ€™s, Fendi, Global Fashion Prize Competition, Italian brands, Karl Lagerfeld, LVMH CEO, LVMH MoÃ«t Hennessy Louis Vuitton, LVMH Young Fashion Designer Prize, lvmhprize.com, Marc Jacobs, National Chamber of Italian Fashion, Nicolas GhesquiÃ¨re, Paris Fashion week, Paris school Sciences Po., Phoebe Philo, Pierre Balmain, Raf Simons, Riccardo Tisci, Yves Saint Laurent