As the world’s most prestigious award for rising fashion stars, the International Woolmark Prize celebrates outstanding new design talents who showcase the versatility of Australian Merino wool. Regional finals are held around the world, with the winners given the opportunity to compete for the $100,000 award in the global final, which that is judged by industry leaders during the autumn/winter international collection shows. Each regional finalist for womenswear and menswear receives $50,000 cash sponsorship, and the opportunity to compete in the IWP final. The overall winner for each category, as well as receivinges $100,000, and has their Merino wool capsule collection commercialized and sold in the world’s top boutiques and department stores through the IWP’s extensive retail partner network.
All finalists receive access to mentoring from esteemed industry leaders, and access to the IWP’s trade partner program, which connects the world’s most promising designers with the world’s best wool suppliers.
Through The Woolmark Company’s global network, partnerships are secured with key spinners and weavers to assist designers during the formative stages of their business and ensure a dynamic future for the fashion industry.