Sanpower is the Chinese owner of British department store House of Fraser and other businesses, ranging from financial services to media.
The brands will receive mentorship from a member of the industry mentor and be able to take part in workshops that will help them with financial planning, distribution, strategy, branding, marketing and business management.
The annual ceremony was hosted this year by Catherine Zeta-Jones.
The industry event showcases British luxury brands’ craftsmanship, design and innovation with nominations open until Sept. 8.
The 12 brands selected include Agi & Sam, Tessa Packard, The New Craftsmen and Troubadour Goods.