Thomas Tait was announced the winner of the LVMH Young Fashion Designer Prize at a press conference at the headquarters of LVMH Moët Hennessy Louis Vuitton. The prize comes with 300,000 euros, which transfers to $409,270 at the current exchange rate, and a full year of coaching. Designers such as Karl Lagerfeld, Marc Jacobs, Nicolas Ghesquière, Raf Simons, Phoebe Philo, and Riccardo Tisci were part of the jury along with Delphine Arnault who headed the prize initiative. Hood by Air’s Shayne Oliver and Miuniku by sisters Nikita and Tina Sutradhar also received 100,000 euros and a year of mentoring! The other finalists included CG by Chris Gelinas, Gabriele Colangelo, Simon Porte Jacquemus, Tillmann Lauterbach, Tim Coppens, Simone Rocha, Vika Gazinskaya, and Suno by Erin Beatty and Max Osterweis.