LVMH Prize awards Marques'Almeida
And we have a winner!
London-based label Marques'Almeida has beaten six other finalists to win the second annual LVMH Prize. The other finalists were Arthur Arbesser, Craig Green, Faustine Steinmetz, Jacquemus, Off-White and Vetements. French label Coperni withdrew from the competition after its founders, Sébastien Meyer and Arnaud Vaillant, were named the creative directors of womenswear at Courrèges.
The Portuguese duo behind the label, Marta Marques and Paulo Almeida, have won a year of mentorship at LVMH and a €300,000 (approx. RM1.2m) grant. Actress and Dior ambassador Natalie Portman handed the trophy to the designers during a ceremony at the Louis Vuitton Foundation in Paris last Friday.
Jacquemus, the French label founded by Simon Porte Jacquemus, was awarded the special prize, winning€150,000 (approx. RM593,620) and a year of mentorship.
LVMH's Delphine Arnault, Pierre-Yves Roussel and Jean-Paul Claverie were present at the ceremony, along with designers and judges Karl Lagerfeld, Marc Jacobs, Nicolas Ghesquière, Raf Simons, Phoebe Philo, Riccardo Tisci, Jonathan Anderson, and Kenzo creative directors Humberto Leon and Carol Lim.
The judges take a selfie! (Photo: LVMHPrize/Instagram)
Congratulations, Marques'Almeida! We look forward to seeing how the prize grows your business.
Related: The LVMH Prize announces its 2015 finalists