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LVMH has officially launched applications for its prestigious Young Fashion Designer Award, now in its eighth year.

Open to designers under 40 who have produced at least two collections, the global competition will award a winner with 330,000 euros and a tutorial that will advise on business practices, including sustainable development, marketing and copyright.

A second prize, the Karl Lagerfeld Special Jury Prize, will offer a designer 150,000 euros and a one-year tutorial. Due to the COVID, the semi-finals of the Award will be held virtually from April 6 to 11. Last year, the pandemic prompted LVMH to divide its Award among the eight finalists: Ahluwalia, Casablanca, Chopova Lowena, Nicholas Daley, Peter Do, Sindiso Khumalo, Tomo Koizumi and Supriya Lele.

Applications for the Award are open on the LVMH website until February 28.