Following the inaugural edition of the Fashion Trust Arabia Prize this year, the organization has revealed its program for 2020, announcing the addition of an advisory board and a new award for young talent.
LVMH unveiled a major new plan on the environment Wednesday, guided by Antoine Arnault. Here, FashionNetwork.com discusses with Antoine all things LVMH, handling multiple jobs and his views on Greta Thunberg.
On Wednesday September 4, the sixth edition of the LVMH Prize for emerging fashion designers was awarded in Paris to South African designer Thebe Magugu, while the Karl Lagerfeld Prize went to Hed Mayner from Israel
LVMH has created a special new prize for young designers named after Karl Lagerfeld, whose own career was ignited by winning an award. The LVMH Prize's Special Prize will now be known as the Karl Lagerfeld Prize.
The Italian executive stepped down from his role as EVP at Marcolin in June in order to concentrate his energies into Thélios, the joint venture between the Italian eyewear group and LVMH which he has led since launch.
From new labels to store openings and marketing campaigns, the French luxury group continues to invest on all fronts, notably in its fashion business, whose sales boomed in H1 2019, driven by Dior and Louis Vuitton.
After losing the profitable Gucci licence in 2017, the Italian eyewear group has announced the end of the long-standing deal with Dior, whose licence will go to Thélios, the company set up by LVMH and Marcolin.
Luxury conglomerate LVMH has pushed back the final of its much-watched LVMH Prize to September, the first time the award ceremony will take place in autumn; on September 4 in Paris, inside the Fondation Louis Vuitton.