As he should. KarlLagerfeld
, but the powers that be are determined to keep his legacy alive. Karl Lagerfeld, who passed away in February, is getting one of fashion's biggest awards renamed in his honor.
The LVMH Prize for Young Fashion Designers, which is one of the industry's most prestigious awards given annually to emerging talent worldwide, has announced that its Special Prize will be now be known as the Karl Lagerfeld Prize, in memory of the late designer who had close ties with the French conglomerate.
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