LVMH prize: French designer Marine Serre honoured by Rihanna
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Luxury fashion groups know it’s in their best interest to nurture young designers. So why not launch a competition to seek out the next big thing before your rival does? The LVMH prize is presided over by a jury comprised of artistic directors from across the group. The award was created in 2014 by Delphine Arnault, the eldest daughter of fashion mogul Bernard Arnault. This year, French designer Marine Serre, who's just 25, won the top prize of €300,000 and a year of mentoring.