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Awards season: Is fashion’s new welfare state really benefiting anyone?

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Very altruistic. However, for me these prizes raise a few questions. Namely, how do you decide who gets them? Talent-wise, almost all deserve them. So, should prizes be going to the designers who need the money to stay afloat, or to designers who are a sure bet, already financially stable? The Vogue Fashion Fund has been awarded to a safe bunch thus far – Christopher Kane, Erdem and Mary Katrantzou are all on sure footing; Nicholas Kirkwood had already opened flagship stores in London and New York by the time he won the award in 2013. Contrast that with Thomas Tait, the winner of the inaugural LVMH prize last May, whose business was operating on a shoestring.

This year’s nominees include the French designer Simon Porte Jacquemus, who designs clothes under his surname only and presents collections as part of Paris fashion week, a notoriously tricky schedule to officially get on to, and a city where shows are among the most expensive in the world to stage. Doubtless he wants the money – who wouldn’t want a handout of close to £220,000? But does he need it?

Fashion News in Pictures

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