Marques’Almeida Wins the 2015 LVMH Prize

After narrowing down its initial shortlist of 26 designers to just eight finalists back in March, LVMH has announced the winner of its 2015 Prize for Young Fashion Designers: Marques’Almeida. Known for its frayed denim and helmed by Marta Marques and Paulo Almeida, the London-based label beat out the likes of OFF-WHITE c/o VIRGIL ABLOH and Craig Green and will take home €300,000 EUR (approximately $330,000 USD) and a year’s worth of technical support to assist with things like marketing, advertising, production and distribution. Paris’ Jacquemus came in second and was awarded a prize of €150,000 EUR (approximately $165,000 USD). Notably, judges for the award included Jonathan Anderson, Delphine Arnault, Jean-Paul Claverie, Nicolas Ghesquière, Marc Jacobs, Karl Lagerfeld, Humberto Leon, Carol Lim, Phoebe Philo, Pierre-Yves Roussel, Raf Simons and Riccardo Tisci.