Fashion
Japan’s Soshi Otsuki wins LVMH Prize 2025
Published
September 3, 2025
And the winner is from Japan: Soshi Otsuki, an exciting new talent in menswear, was awarded the LVMH Prize for 2025 on Wednesday at a packed ceremony at the Louis Vuitton Foundation in Paris.
One of the richest individual awards in fashion — with first prize garnering €300,000 — the LVMH Prize celebrated its 12th year this season.
“Thank you to the jury, to Delphine Arnault, to LVMH and to everyone… I am very honored,” a shy Otsuki murmured into the microphone on the main stand.
In a pre-prize video, Otsuki explained: “I launched Soshiotsuki in 2015, blending Japanese tradition with modern craftsmanship. Interpreting the DNA of Japanese heritage from a unique perspective. Blending precision, with emotion, to craft modern silhouettes.”
The jury, composed principally of LVMH designers — such as Phoebe Philo, Pharrell Williams, Sarah Burton, Jonathan Anderson, Nicolas Ghesquière and Silvia Fendi — and including executives like Sidney Toledano and the originator of the award, Dior CEO Delphine Arnault, also chose two other award winners.
The jury presented the Karl Lagerfeld Prize to Steve O Smith, a UK-born talent noted for his brilliant ink-on-paper sketches that he transports into willowy, graphic and romantic dresses — winning Smith a check for €150,000 for the adjoining Karl Lagerfeld Prize.
Meanwhile, the third award — the Savoir-Faire Prize — went to another British creator, Torishéju Dumi, who presented women’s and men’s collections defined by dynamic, edgy grandeur. The Savoir-Faire Prize was created to recognize excellence in craftsmanship, technical innovation and the sustainable approach of the selected brands.
Previous LVMH Prize finalists have included Jacquemus, Demna, and Rachel Scott, the designer of New York brand Diotima, who was named creative director of Proenza Schouler yesterday.
The winner was selected from eight finalists chosen from a group of 20 semi-finalists who participated in the LVMH Young Fashion Creators Award, presenting their ideas on March 5 and 6 in Paris. A first jury of around 80 experts — including editors, stylists, models, and movie stars — whittled the initial 20 down to eight.
The other five finalists were French designer Alain Paul, who showed women’s, men’s and unisex collections in inventive sculptural forms; All-In, by the duo of Benjamin Barron from the U.S. and Bror August Vestbø from Norway, who presented women’s and unisex collections featuring a fabulous frou-frou gown accessorized with giant pearl necklaces;
Zomer by Danial Aitouganov, a Dutch talent whose women’s shows in Paris have been highly acclaimed for several seasons; from Italy came Francesco Murano, a highly skillful draper; and London-based talent Tolu Coker, with a blend of African iconography and prints coupled with bravura cutting and tailoring.
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Fashion
The new economics of fashion: Trust, longevity and price discipline
Fashion demand in 2026 remains intact but more selective, with consumers spending cautiously and prioritising value, durability and versatility.
Intentional purchasing and promotion sensitivity are reshaping pricing dynamics and margin structures.
Polarised consumer behaviour is pushing brands to rebuild trust, justify full price and align sustainability with longevity.
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Fashion
US brand Calvin Klein unveils Spring 2026 denim with Jung Kook
Directed and shot by Mert Alas, the new chapter sharpens the focus on denim as the ultimate expression of personal style through icon Jung Kook’s distinctive and influential point of view as he lives in the moment.
Calvin Klein, owned by PVH Corp., has unveiled its Spring 2026 denim campaign fronted by BTS icon Jung Kook.
Directed and photographed by Mert Alas, the cinematic film fuses music, movement and city energy, highlighting 90s Straight, Baggy and reworked Trucker silhouettes.
A special appearance by Rosie Perez amplifies the brand’s signature visual storytelling.
The campaign unfolds across a series of immersive worlds, unified and guided by Jung Kook’s style, attitude and way of living. The high-impact film fuses fashion and entertainment, moving to an instantly recognizable soundtrack and brought to life through the artist’s signature choreography and commanding presence. The interplay of music and movement – complete with a cameo from New York City legend Rosie Perez – captures the impact synonymous with Calvin Klein’s iconic visual storytelling.
Calvin Klein jeans are at the center of the wardrobe with hero silhouettes leading the narrative: the effortless attitude of the 90s Straight; the relaxed and nostalgic proportions of the Baggy; and new interpretations of the iconic Trucker jacket — all reimagined with elevated washes and designed for versatility. Casual logo tees and oversized bombers complete the looks, reinforcing denim as both uniform and statement.
“I love Calvin Klein jeans because they’re designed to be lived in,” said Jung Kook. “The looks I wore for this campaign nod to ‘90s style while feeling completely modern. It was exciting to bring together my love of music, dance and fashion against the energy of the city.”
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
Fashion
China targets 4.5 to 5% GDP growth for 2026
Premier Li Qiang, who delivered the report at the opening of the fourth session of the 14th National People’s Congress in Beijing, said the growth target is “well aligned with the country’s long-range objectives through the year 2035 and is broadly in line with the long-term growth potential of China’s economy, with favorable conditions in place for achieving this target.”
China has set a GDP growth target of 4.5–5 per cent for 2026, alongside goals to stabilise employment, manage inflation, maintain grain output and cut emissions.
The plan also preserves flexibility for structural reforms under the 15th Five-Year Plan, aiming to balance steady economic expansion with long-term, high-quality and sustainable development.
Main development targets for 2026 also include a surveyed urban unemployment rate of around 5.5 per cent, creation of over 12 million new urban jobs, a rise in the consumer price index of around 2 per cent, personal income growth in step with economic growth, a basic equilibrium in the balance of payments, grain output of around 700 million tonnes, and a drop of around 3.8 per cent in carbon dioxide emissions per unit of GDP.
Qiang said the targets took into account the need to leave room for structural adjustments, risk prevention and reform in the opening year of the 15th Five-Year Plan (2026–30) period, to lay a solid foundation for improved performance in the coming years. Government at local level should, taking into account their own conditions, make solid efforts to deliver positive outcomes, he added.
Analysts said the 2026 target reflects a pragmatic approach in recognising structural and cyclical challenges facing the world’s second-largest economy, while pursuing reasonable growth in line with high-quality development.
Fibre2Fashion News Desk (JP)
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