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.
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.
A tour-de-force display by Jonathan Anderson for the house of Loewe, riffing on its glory days in the 70s; reinventing the menswear wardrobe; and embellishing his house’s codes even as he rips them apart.
LVMH is one of France’s most valuable groups, and chairman Bernard Arnault is Europe’s richest man, yet the luxury baron insisted on Thursday at the annual shareholders meeting that it's really just a family affair.
The walls inside the Loewe show space within UNESCO were covered in glass cameos of Restoration and Renaissance notables this Friday. The fashion was stripped back and cleaned up, yet somehow more dramatic and resonant.