The 2023 International Woolmark Prize is now open for applications.
Each finalist will receive AU$60,000 to develop six Merino wool looks as part of their Fall 2023 collection, or a standalone IWP2023 capsule collection which highlights the innate versatility, innovative nature, and eco-credentials of Merino wool.
The International Woolmark Prize winner will receive an additional AU$200,000, while AU$100,000 will be awarded to the winner of the Karl Lagerfeld Award for Innovation.
“Each year, we search for the brightest rising fashion stars who not only help shine the spotlight on our innovative, sustainable fibre, but who are committed to changing the course of the fashion industry for a brighter tomorrow,” The Woolmark Company MD John Roberts said.
“Online applications allow the International Woolmark Prize to remain a truly global event, with designers from across the world invited to apply and follow in the footsteps of our illustrious alumni.
“We also thank the continued support of the International Woolmark Prize Nominating Bodies who play a valuable role in connecting the best emerging design talent with the prize.”
All applications will be reviewed by an Advisory Council of industry experts, committed to discovering and nurturing outstanding achievers in fashion.
The Advisory Council looks for designers in the early stages of their career who have shown promise and dedication in growing a sustainable business, though are yet to be established in a global sense.
In addition, finalists are provided with unparalleled mentorship from industry experts as part of the Innovation Academy, including support for product ideation, commercial development, supply chain connections and sustainability strategies to assist in the development of their collections and brands.
Winners and finalists will also have the opportunity to commercialise their Merino wool capsule collections and stocked in the world’s top boutiques and department stores through the International Woolmark Prize’s Retail Partner Network.
Emerging designers who are seeking global acceleration for their brand are encouraged to apply, with applications closing on August 19.