The LVMH Prize Introduces The Karl Lagerfeld Prize, Honouring The Late Designer
take the final prize. But there’s a Special Prize, reserved for one finalist, that comes with a €150,000 cash sum, and a year of mentoring from a team of industry experts. This year, LVMH will rename the Special Prize in honour of the lateLagerfeld, as the former co-creative director of Fendi, an LVMH-owned brand, was one of the industry experts on the prize’s judging panel.
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