If you've been tuned into our live stream of the LVMH Prize in Paris today, you'll have seen that this year's finalists all brought their A-game for the final judging.

After a tense morning of deliberation and presentations, Emma Stone awarded the 2018 LVMH Grand Prize to Masayuki Ino of Japanese streetwear label Doublet. For his win, Ino will receive a 300,000-euro grant. In addition, he will enjoy a one-year mentoring program from a dedicated LVMH team.

Commenting on the decision, executive vice president of Louis Vuitton and LVMH Prize founder Delphine Arnault said, “We were impressed by the contemporary resourcefulness that instills Masayuki Ino’s designs with an urban touch infused with fresh poetry.”

The win continued the trend of streetwear's growing recognition by the mainstream, also exemplified by James Jebbia being crowned Menswear Designer of the Year at the CFDA Fashion Awards earlier this week.

Highsnobiety cover star Jaden Smith presented the Special Prize to Rok Hwang of Rokh, the first South Korean designer to be a finalist for the LVMH Prize. Hwang will receive a 150,000-euro grant and a one-year mentoring program from LVMH.

Check out what went down on Highsnobiety's Instagram story and stay tuned for a more in-depth review of this year's LVMH awards soon.

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