MCM Worldwide
German luxury fashion brand From Wikipedia, the free encyclopedia
MCM Worldwide is a luxury fashion brand originally founded in 1976 by fashion designer Michael Cromer. The brand’s signature logo-printed material, called Cognac Visetos, appears on many of its products. Its brass plate insignia is found on all heritage collection bags and most products; each brass plate is identified by a unique number at the bottom.[1] MCM sells its products through wholesale accounts, franchises and directly operated stores.
| |
 MCM Store in Berlin | |
| Industry | Fashion |
|---|---|
| Founded | 1976 Munich, Germany |
| Founder | Michael Cromer |
| Headquarters | Munich, Germany |
Key people | Kim Sung-joo (Chairwoman) |
| Parent | Sungjoo Group |
| Website | www |
MCM was bought out by Sungjoo Group of Korea in 2005. the brand makes roughly 70% of its sales in Asia, and roughly 30% in Europe, the Middle East, and the Americas.[2][2]
History
Summarize
Perspective
The MCM label, originally stood popular during the 1980s for being "ostentatious and flashy".[3] At the height of its popularity in 1993, it owned 250 branches worldwide and recorded sales of $250 million.[3] Following a 1995 investigation of Cromer for alleged tax evasion by German tax authorities, banks and investors lost faith in MCM's financial stability.[4] In 1997, the company was restructured, and its stores and trademark rights were split and sold.[4]
In 2005, the worldwide rights to the MCM brand were acquired from a Swiss financier by Sungjoo Group, a South Korean retail business founded by Sung-Joo Kim, the youngest daughter of South Korean magnate Kim Soo-Keon.[2] At the time, MCM's global sales stood at $100 million.[5]
Michael Michalsky, 2006–2013
Kim hired designer Michael Michalsky[6] and re-launched the brand in 2006 with a new store in Berlin.[7] MCM thereafter reopened stores in New York, Toronto, Paris, London, Singapore, Tokyo, and China among others. In 2011, MCM debuted its largest store in Hong Kong’s Entertainment Building.[8]
Adrian Josef Margelist, 2013–2016
On the occasion of the brand's 40th anniversary in 2016, MCM commissioned Tobias Rehberger with a limited-edition capsule collection.[9]
MCM established a Milan design studio in 2017. By 2018, the brand presented its first full-fledged ready-to-wear collection at Pitti Uomo.[10]
Dirk Schönberger, 2018–2023
In 2018, Dirk Schönberger joined MCM from Adidas, initially as global creative officer; he was promoted to global brand officer in 2022. During his time at the brand, he built a design studio in Berlin to complement its creative centers in Seoul and Milan.[11] He teamed up with Puma in 2018 on a capsule that included footwear, clothing and accessories, and with Crocs in 2022 on a footwear capsule.[12]
In 2023, Schönberger left the company.[13]
Tina Lutz and Katie Chung, 2023-Present
In June 2023, MCM announced the dual appointment of Tina Lutz as Global Creative Lead and Katie Chung as Creative Director. Lutz is based in the brand's Milanese design studio, while Chung works in Seoul. [14]
Previously, Chung was creative director of South Korean menswear brand Wooyoungmi.[14] Lutz's prior experience includes time at Issey Miyake and Calvin Klein as well as cofounding a womenswear brand and launching a handbag line.[15]
Other activities
MCM has had exclusive license agreements with Marchon Eyewear (2015–2023)[16] and Marcolin (since 2023)[17] for the design, production and worldwide distribution of the brand’s eyewear.
In 2019, MCM signed a 10-year licensing agreement with Inter Parfums; the first fragrance, called MCM Eau de Parfum, was launched in 2021.[18]
Campaigns
For its advertising campaigns, MCM has been working with renowned photographers including Herb Ritts (1996), Daniel Sannwald (2015),[19] Juergen Teller (2023),[20] Craig McDean (2024)[21] and Collier Schorr (2024).[22] Campaigns have featured Cindy Crawford (1996, 2023), Billie Eilish (2019),[23] Iann Dior (2022),[24] Lindsay Lohan (2023),[25] Cara Delevingne (2024)[26] and Matt Dillon (2024).[27]
Gallery
MCM Store in Berlin
MCM Store in Las Vegas
MCM Heritage Cognac Visitors Travel Collection
MCM Stark Backpack in Cognac Visetos
References
External links
Wikiwand - on
Seamless Wikipedia browsing. On steroids.