After a prudent selection process, the LVMH Prize, the young fashion designer award that everyone is competing for, officially announced this year’s winner earlier, announcing that SSDALEY, a menswear brand headed by British designer Steven Stokey-Daley, won the award. As the winner, SSDALEY, who stood out from the talented contestants, will not only receive a prize of € 300,000, but also receive a year of personalized assistance from the LVMH group, covering all areas of expertise that emerging fashion brands need to be involved in , including marketing technical guidance and financial support. In addition, one of the awards, the Karl Lagerfeld Prize, was awarded to two designers this year, Eli Russell Linnetz/ERL and Idris Balogun/WINNIE New York, respectively, who will each receive €150,000 in prize money and same year of assistance.
