LVMH, the global leader in luxury, has unveiled the winners of the 7th edition of the LVMH Innovation Award during a remarkable ceremony that highlighted seven distinguished startups. Bernard Arnault, CEO of LVMH, awarded the prestigious Grand Prize to the startup Save Your Wardrobe, a digital platform focusing on wardrobe care, repair, and management with a circularity mindset.
This edition set a new participation record with over 1300 submissions from 75 countries, including more than 250 in the sustainable development and greentech category. Among them, 18 startups were selected to compete in six distinct categories during the final held at the LVMH « Dream Box » pavilion at VivaTech.
Save Your Wardrobe, the Grand Prize winner and also recognized in the « Omnichannel & Retail » category, offers a comprehensive digital solution for wardrobe care and management, contributing to the increased sustainability of its users’ clothing. The platform, tailored for brands and retailers, streamlines the post-purchase experience through seamless reservation and management of after-sales services, leveraging automated logistics, efficient operational management, smooth communication with customers, and real-time data reporting.
Bernard Arnault, in congratulating Save Your Wardrobe, emphasized the alignment of this startup with the environmental vision of the LVMH group, stating that this creative solution will contribute to making the Houses even more desirable.
Hasna Kourda, Founder and CEO of Save Your Wardrobe, expressed gratitude, calling the LVMH Innovation Award « monumental » in their journey, reinforcing their determination to push the boundaries of the luxury experience while preserving the heritage of the group’s Houses.
The omnichannel integration flexibility of Save Your Wardrobe, whether in-store, online, or with existing CRM systems, gives the platform exceptional adaptability. Furthermore, the startup will benefit from personalized support within the group’s accelerator, « La Maison des Startups LVMH, » based at Station F, for one year.
The other winners, each in their respective categories, were also praised for their outstanding innovation. Neobrain won the « Employee Experience, Diversity, and Inclusion » award, VidMob was recognized for its impact on « Image and Media for Brand Desirability, » Absolute Labs for « Digital Immersive Experiences, » LivingPackets for « Operational Excellence, » Woola for « Sustainable Development & Greentech, » and finally, ChatLabs received a special mention in the « Data and Artificial Intelligence » category.
LVMH warmly congratulates all the winning startups, highlighting their ability to stand out in their respective categories, and invites them to benefit from special support within the Maison des Startups, the group’s incubator, to develop their offerings and expertise within the group and its 75 Houses.
