PARIS — Mode et Finance, a French venture capital firm managed by CDC Entreprises, has taken a minority stake in AMI Paris, the holding company for French men’s wear brand AMI Alexandre Mattiussi.Mode et Finance specializes in long-term investments in small- and medium-size companies in the fashion and luxury sectors that are profitable, generate revenues of at least 500,000 euros, or $650,000 at current exchange, and show strong potential for international growth.Brands that have benefited from the company’s financial investment in the past include Nicolas Andreas Taralis, Bouchra Jarrar, Maison Martin Margiela, A.F. Vandevorst, Anne Valérie Hash and Polux.The investment will allow AMI, launched in 2010, to speed its commercial development. Mattiussi has received critical plaudits for his ready-to-wear and accessories, based on wearable staples and carried by stores including Barneys New York, Printemps, Lane Crawford and 10 Corso Como.“Bolstered by its commercial success, AMI would like to capitalize on the dynamism of the brand to develop its distribution network,” Mode et Finance stated.It is understood AMI is zeroing in on a space in the trendy Marais district of Paris to open a freestanding boutique.Mattiussi was born and raised in Normandy, France and moved to Paris to attend design school at Duperré. At 21, he secured a position at Dior Homme as an assistant on the 30 Montaigne line of classic men’s pieces. He later launched his own collection of shirts before taking a position at Givenchy from 2004 to 2008 as an assistant designer for men’s wear, working for a time under Riccardo Tisci.He then worked for two seasons as a senior men’s designer for Marc Jacobs, traveling between New York and Europe, before leaving to start AMI Alexandre Mattiussi with a group of about 10 individual investors.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim