The winner has been announced for the LVMH Prize for Young Fashion Designers 2023. Among the nine finalists, the Jury awarded the LVMH Prize to Satoshi Kuwata, 39, a Japanese designer, founder of the genderless brand Setchu. He will receive a 400,000-euro endowment and will be mentored for one year by a team of LVMH experts thanks to the involvement of Sophie Brocart, in charge of this initiative. The actress Gal Gadot presented the LVMH Prize to Satoshi Kuwata.

This year, the Jury exceptionally awarded two Karl Lagerfeld Prizes: one to Julie Pelipas, 38, a Ukrainian designer, founder of the womenswear brand Bettter, and the other to Luca Magliano, 36, an Italian designer, founder of the menswear and genderless brand Magliano. Both will receive 200,000 euros and will enjoy a one-year mentorship by the LVMH Group. The Chinese singer and performer Xin Liu presented the two Karl Lagerfeld Prizes.

Moreover, three young fashion school graduates were distinguished: Luc Albert a graduate of Institut Français de la Mode (Paris), Justine Janot, another graduate of Institut Français de la Mode (Paris) and Nikki Park a graduate of the College for Creative Studies (Detroit). Each will receive 10,000 euros and join the studios of three Houses of the LVMH Group for one year, respectively Dior Homme, Louis Vuitton womenswear and Louis Vuitton women’s leather goods. For more information visit diarydirectory.com.