Marques Almeida Wins LVMH Prize

Marques Almeida is the winner for the LVMH Prize 2015.

LVMH Prize is a legit design competition, unlike Project Runway, that is conducted annually by the enterprise to find the World’s Next Best Designer. The competition gathered top-billing judges including Delphine Arnault, Nicolas Ghesquière, Karl Lagerfeld, Phoebe Philo, Raf Simons, Riccardo Tisci, Marc Jacobs, Jonathan Anderson, Carol Lim, Humberto Leon, Jean-Paul Claverie, and Pierre-Yves Roussel.

Presented by Natalie Portman, Marques Almeida will receive seed money amounted to 300,000 euros and a year-long mentorship from the LVMH group ranging from business to production to media training.

“Thank you very much. This is a huge shock and a huge honor,” began Marta Marques from the podium after winning the award. “We feel absolutely blessed.” This marks the first major prize for the house, which was established in 2011 after Marques and her design partner, Paulo Almeida, graduated from Central Saint Martins. The line is famous for its denim pieces—a favorite among the street-style set—and has recently been expanding into new textiles and accessories. (You may have spied its Fall 2015 brocades on the party circuit already.)

Another brand, Jacquemus, won the unplanned special prize from the judges.