Daily Archives: February 24, 2014

Today may be the day the big names – Marc Jacobs, Ralph Lauren, Calvin Klein – come out to play in New York, but in Paris it’s all about the new ones. The shortlist for the LVMH Young Designer Prize, which was launched in November by Delphine Arnault, has just been unveiled, creating much buzz amid the fashion crowd.

There are 30 in all. Most of the hot names in New York and London are on it, including many who are often finalists for the Vogue Fashion fund competitions in both countries: Suno, Hood by Air and Creatures of the Wind from the first, and Simone Rocha, Thomas Tait (who won the Dorchester Prize) and Meadham Kirchoff from the second. To name a few. Also Stella Jean, the young Italian designer who got her big boost from Armani last season. Read more

LVMH has confirmed it has taken a minority stake in Young Italian Designer (we will not acronym that for obvious reasons) Marco de Vincenzo, making him the second such up-and-comer to receive such investment from the luxury behemoth, and underscoring the increasing competition among the established groups to identify, and potentially own, new talent. The terms of the deal were not disclosed, but there’s no question, it’s putting its money where its mouth is. At least some money. Read more