The investors entrepreneur and philanthropist Yu singled out the designer Caroline Hu as a rising talent.
By Rosemary Feitelberg on December 3, 2019 |WWD
The Estée Lauder brand will receive the Beauty award for its global excellence and extraordinary achievement in China. Stéphane de La Faverie, the global brand president, will accept this inaugural award at the April 29 event at The Plaza hotel.
The fifth annual gala is meant to be a celebration of Chinese design, serving as a platform for Chinese talent emerging on the worldwide stage. It also meant to be a forum for recognizing individuals whose contributions have helped propel China at the forefront of global fashion and beauty.
Chinese investor, entrepreneur and philanthropist Wendy Yu will be honored with the Millennial Leadership Award for her support of emerging talent. Yu said via e-mail. “Awards and initiatives of this kind can be game-changing, they serve as an inspiration for budding entrepreneurs, philanthropists and designers alike, who are representing modern China and creating momentum for Chinese Fashion.”
Yu said she is especially interested to see how Caroline Hu’s career evolves. “She is extremely talented; a modern romantic, who currently crafts everything by hand. I believe she has the potential to not only be a successful designer but one that is remembered in fashion history,” Yu said.