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LVMH Prize and Karl Lagerfeld Prize Awarded to New Generation of Design Talent

Overview

  • Satoshi Kuwata of Setchu won the prestigious 2023 LVMH Prize and a €400,000 endowment.
  • Kuwata has designed for major fashion houses like Givenchy, Gareth Pugh, and Kanye West.
  • The Karl Lagerfeld Prize was split between Julie Pelipas of Bettter and Luca Magliano of Magliano.
  • Each will receive a €150,000 allocation and mentorship from LVMH.
  • The prizes highlight rising stars in fashion and provide support for the next generation of designers.