In Italy, they call Max Mara, Il Gigante Silenzioso, or the Silent Giant: a 1.558 billion-euro fashion house, founded by Achille Maramotti, and still in his family, combining critical acclaim with commercial growth.
House of Fraser kept everybody who is following the story of its CVA plans on tenterhooks Wednesday with the expected update not materialising by close of business but rumours suggested over half its stores will close.
“This really was unexpected,” smiles Masayuki Ino, the 39-year-old winner of the LVMH Prize 2018. Another year and Ino couldn’t even have entered the competition, seeing as he is 39, and entrants have to be less than 40.
The company behind some of the biggest watch and jewellery names in the UK is reported to be gearing up for a stock market listing and has spoken to investment banks with plans to list either in London or Zurich.
Marc Jacobs is expanding its wearables category with the launch of its first touchscreen smartwatch, The Riley. Previously the round-faced model was available as both an analog watch and a hybrid smartwatch.