>> For the better part of a year, rumors of Martin Margiela's withdrawal from his label have plagued the industry. In October, majority owner Renzo Rosso finally confirmed that Margiela was no longer involved in design and later said he was about to name a replacement.

It seems Rosso has changed his mind: Giovanni Pungetti, chief executive of Maison Martin Margiela, said today that the designer has quietly left the comapny and will not be replaced. The fashion house, which had in the past offered his job to Haider Ackermann and Raf Simons, will continue to operate with the creative staff, 28-strong, that Margiela developed over his 20-year stint. According to Pungetti: “It would have been very simple to hire someone else, and we evaluated that option, but in the end, what is important is the taste of designer."

What spurred the departure? »