It can be difficult to make it as a fashion designer with the countless connections and the amount of money one typically needs to become successful.
Fortunately, Delphine Arnault and other employees at LVMH Moët Hennessy Louis Vuitton recognize this harsh truth and decided to do something about it.
LVMH, a French multinational luxury goods conglomerate, recently announced the 30 semifinalists chosen to participate in its inaugural LVMH Young Fashion Designer Prize, which provides the winning designer with a grant of 300,000 euros, as well as a year of coaching.
These 30 talented designers were selected from the group of 1,221 individuals who applied for a chance to win this new design competition.
"It was really hard to do a short list of 30," Arnault, the force behind the initiative, told WWD.
"I was really amazed at the number of applicants and the quality of the dossiers we received," she added.
Applicants come from all throughout the world, including places as far as Ukraine, Nigeria, India, Seoul and Moscow. CG by Chris Gelinas, Creatures of the Wind by Shane Gabier and Christopher Peters, Bruno Pieters of Honest, Shayne Oliver's Hood by Air, Tim Coppens and Suno by Erin Beatty and Max Osterweis are among the New York City-based finalists.
Each of the 30 contenders will be flown to Paris on February 26 and 27 to show off eight looks from their recent collections in the auditorium at LVMH headquarters. Forty retail, publishing and image creation figures will meet the designers and review their designs in order to narrow the finalists down to 10 people.
"I can't wait to meet them and get to know them," Arnault told WWD.
"It's really an adventure. You have to be really audacious," she added.
Later this year at the end of May, the 10 designers chosen to be finalists will give 20-minute presentations to a jury of famed fashion designers, including Karl Lagerfeld, Marc Jacobs, Nicolas Ghesquière, Raf Simons, Phoebe Philo and Riccardo Tisci.