PARIS — Julie Kegels on Friday won the LVMH Prize for Young Designers in a ceremony at the Fondation Louis Vuitton in Paris.

Dior ambassador Jennifer Lawrence announced the winner of the award, which comes with a cash endowment of 400,000 euros, plus a year of coaching from experts at luxury giant LVMH Moët Hennessy Louis Vuitton, parent of brands including Vuitton, Guerlain, Dom Pérignon and Sephora.

Chinese designer Zane Li’s label Lii walked away with the runner-up Karl Lagerfeld Special Jury Prize, presented by Indian actress, film producer and singer Priyanka Chopra, who is also a face of Dior.

Worth 200,000 euros, it also includes one year of advice on topics including sustainable development, communication, copyright and corporate legal aspects, marketing, manufacturing and the financial management of a brand.

Louis Vuitton brand ambassador Urassaya “Yaya” Sperbund presented Yoshita 1967 by Anil Padia with the Savoir-Faire Prize, which likewise comes with a grant of 200,000 euros and a one-year mentorship. The Thai actress and model also sat on the jury alongside the group’s star designers.

The other finalists were Sweden’s Petra Fagerström; French designer Gabriel Figueiredo’s brand De Pino; Ponte by British designer Harry Pontefract; Spanish designer Daniel del Valle’s label The Vxlley; Institution by Galib Gassanoff from Georgia, and U.S. designer Colleen Allen.