Setchu by Satoshi Kuwata Is Announced as 2023 LVMH Prize Winner

UPDATE (June 7, 2023): Milan-based brand Setchu by Satoshi Kuwata has been announced as the winner of the 2023 LVMH prize.

"Congratulations to Satoshi Kuwata," LVMH shared on Instagram. "We commend him for his hard work, dedication and vision. He's come a long way and already built a legacy for himself. We can't wait to see what he creates in the future."

Meanwhile, the 2023 Karl Lagerfeld Prize winners are Better by Julie Pelipas and Magliano by Luca Magliano.

For more, check out the posts below and keep scrolling.

UPDATE (March 24, 2023): The finalists for the 2023 LVMH Prize has finally been announced.

The following finalists will compete for the 2023 LVMH and Karl Lagerfeld Prizes: Aaron Ash; Julie Pelipas’ Bettter; Burc Akyol; Diotima by Rachel Scott; Raul Lopez’s Luar; Magliano by Luca Magliano; Paolina Russo; Veronica Leoni’s Quira; and Setchu by Satoshi Kuwata.

Winners will be selected on June 7. For more info on the competition, keep scrolling.

ORIGINAL STORY (February 16, 2023): For its 10th anniversary, LVMH Prize has announced the list of 22 candidates short-listed for the semi-final, which were selected out of 2,400 applicants.

The 22 candidates come from 15 different countries, including Jamaica and Brazil for the very first time.

Delphine Arnault, who was recently appointed as Dior's new CEO, shared a few words on the remaining candidates. "I am very pleased to welcome these talented young designers and I am extremely grateful to the candidates from all over the world who took part in this edition," she said in a press release. "The 22 semi-finalists are all driven by a very innovative vision and also show great creative maturity. Many of them place the culture and craftsmanship of their native country at the heart of their design approach."

Arnault also went on to discuss an important factor -- sustainability. "Eco-responsibility is also a major stake for them as they use innovative or recycled materials, and embrace a more local and ethical production system," she added. "The fluidity between menswear and womenswear is another key feature this year, since no fewer than nine designers create genderless collections. Values of inclusivity and diversity showcased in the selection also echo the turn taken by the fashion and luxury industries. I would like to warmly thank all of our Experts who contribute each year to making the LVMH Prize a bench-mark for young designers. The 2023 edition promises to be exceptional."

The candidate to win the LVMH Prize for Young Fashion Designers will be granted a 300,000-euro endowment as well as a year-long mentorship by a dedicated LVMH team. Additionally, the Karl Lagerfeld Prize grants a designer a 150,000-euro allocation. Lastly, the press release states that "the Prize distinguishes three students graduating from fashion schools in 2022. The students
will each receive 10,000 euros and join the design studio of one of the group’s houses for one year."

Check out the complete list of 22 brands selected for the semi-final of the LVMH Prize below.