Events/Causes
April 14, 2020
Finalists of the 7th edition of the LVMH Prize for Young Fashion Designers. The top prize will not be handed out in 2020 because of the COVID-19 coronavirus lockdown in Paris where the final judging round was supposed to be held June 5. Instead, the $329,000 prize will split equally among the eight finalists. Image credit: LVMH Prize for Young Fashion Designers
By Luxury Daily News Service
The LVMH Prize will not be handed out this year as a consequence of the COVID-19 coronavirus pandemic, disappointing many budding designers who could have benefited from the doors opened and attendant publicity of being anointed the winner.
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I think that LVMH should consider a special award for companies that responded to the Covid-19 crisis, developing solutions to shortages, innovative use of technology, etc. This prize would highlight LVMH’s support to innovation within the textiles and fashion industry. Everything else, right now, is secondary.