Background
Stephen Anthony Solomon Marks was born in Harrow, north London, the son of Jewish hairdressers and went to the local secondary modern school.
Stephen Anthony Solomon Marks was born in Harrow, north London, the son of Jewish hairdressers and went to the local secondary modern school.
Marks began working as a salesman for the coat-maker Andre Peters and French fashion designer Louis Féraud, before setting up Stephen Marks London in the late 1960s to produce his own suit and coat designs. Marks had already ventured into wholesaling, earning the nickname "the hotpants king’ after spotting the trend for short shorts in Paris and importing stock to sell in Mission Selfridge. Marks established the women"s label in 1972 – a year after the film of the same name was released.
The name reportedly came about because, via a business contact in France, he managed to acquire 3,000 Indian cheesecloth shirts that could be resold in the United Kingdom at a large profit.
By 1975, Nicole Farhi was working for Marks, designing a mid-price label known as Stephen Marks and a by Stephen Marks label at the budget end of the market. Marks" brands were singled out that year by The Guardian"s Angela Neustatter – along with Christopher McDonnell, Jeff Banks and Stirling Cooper – as labels likely to survive the growing plethora of mass-market anonymous brands in the United Kingdom fashion industry.
Heading up the company’s design studio in Bow, East London, Farhi helped launch a men"s label in 1976. Marks assisted Farhi in launching an eponymous higher-end label within the group in 1983, remaining involved with the Nicole Farhi label until it was sold in 2010.
After Marks floated the brand on the London Stock Exchange in 1984, he was listed as the 15th richest man in Britain, but by the late 1980s the company was in trouble.
In a subsequent interview with the London Evening Standard, Marks described himself as naïve, saying: “I got too wrapped up with the City and merchant bankers.” Marks regained directorial control of in 1991, changing its image with the ‘fcuk’ advertising campaign. Today the brand operates in 30 countries and Marks" other business interests via include the clothing and clothing/homewear brands Great Plains and Toast. Toast now has eleven United Kingdom stores.
At one time he had a substantial share in Hard Rock Café.
He has also been involved with films, helping to finance Lock, Stock and Two Smoking Barrels, Snatch, Layer Cake and Kick-Association
Marks is a member of the All-England Club and has helped to establish tennis academies in the United Kingdom and Israel to develop young players.