The Wessel & Vett Foundation generously sponsored the prizes, and the winner received a cash prize of 300.000 DKK (€40.000). Furthermore, Saks Potts will gain valuable advantages through a partnership between the Wessel & Vett Fashion Prize and Copenhagen Fashion Week, which will provide extensive communication and inclusion in all the official activities and opportunities of Copenhagen Fashion Week, valued at 250.000 DKK (€33.500).
“We are so honored and grateful to win the Wessel & Vett Fashion Prize. It means a lot to us! We started this company when we were just 19 and 20 years old, and we grew up with it. It feels good to win after nine years. We have managed to build a brand that is much bigger than our business, by leveraging our community and by thinking internationally from the very beginning! Authenticity, craftsmanship and our community are at the heart of our work and winning the prize will allow us to continue to stick to our core values! With a small but passionate team, we dream big. This prize marks a significant step towards more exciting collaborations and sustainability improvements. We're on a mission to encourage our customers to buy products of even higher quality, keep their styles for many years, repair and care, and even resell after use, so someone else can cherish Saks Potts afterwards. Every day, we strive for improvement, driven by our commitment to being authentic and doing things in an unconventional way, both in our products and the way we communicate. We are proud to be two female founders and entrepreneurs, trust me it has been a struggle to be taken seriously, but this only fuelled our fires. This prize will help us a lot in making an even more positive contribution to the fashion industry”. - Catherine Saks and Barbara Potts, founders of SAKS POTTS
The three finalists — Forza Collective, Heliot Emil and Saks Potts — presented their collections and business strategy to an international jury of industry experts holding a diverse range of experience and specialisms across the board. Each of the finalists were praised for their design talent, sustainable vision, innovation, creativity, and business entrepreneurship — all of which were included as criteria in the jury’s decision for this year's winner.
Following the celebration of the 10th anniversary of the Wessel & Vett Fashion Prize last year - which was marked with a retrospective exhibition at the Magasin du Nord Museum - its entrance into a new decade has led to reflection and to a strategic realignment. The result of which is the 2023 edition focusing on more established brands and experienced designers. A decision that reflects the core values of the founders of the Foundation - Theodor Wessel and Emil Vett - upon which the Prize was created: Entrepreneurship, innovation, and creativity, as well as its constant work for fostering sustainable brands and a responsible fashion industry.
“The Wessel and Vett Fashion Prize has always been unique in Denmark, and starting this year we are opening entry to more established brands alongside up-and-coming designers. The change reflects our longstanding focus on identifying designers with not only talent to burn, but also the commercial potential to build a global fashion business. Our ambition is, more than ever, to support the next generation of Danish fashion entrepreneurs,” says Nina Wedell-Wedellsborg, founder of the prize event and board member of the Wessel and Vett Foundation.” - Nina Wedell-Wedellsborg, founder, Wessel & Vett Fashion Prize
The Wessel & Vett Fashion Prize is the most prestigious and influential fashion prize in the Nordic region. It is supported by Crown Princess Mary as well as top international fashion brands and creatives, and over the past decade prizes and mentorships have been awarded to particularly talented designers including Anne Sofie Madsen, Emilie Helmstedt and Amalie Roege Hove, who have gone on to become some of the strongest fashion names in the Nordic region.
The finalists are selected by a panel of experienced industry experts, and will, at the final in October, present their brand and business strategy. The prizes are sponsored by the Wessel & Vett Foundation and the winner receives a cash prize of 300.000 DKK (€40.000).
The Wessel & Vett Fashion Prize is proud to continue to further strengthen its ongoing collaboration with Copenhagen Fashion Week. The winner will receive support from Copenhagen Fashion Week including extensive communication, and inclusion in all Copenhagen Fashion Week official activities and opportunities, for the equivalent of 250.000 DKK (€33.500).
The winner will be announced by Nina Wedell-Wedellsborg, Founder of the Wessel & Vett Fashion Prize at an award ceremony, which will take place in October 2023 in Copenhagen.