Marc Worth Explained

Marc Worth
Birth Date:March 1961
Birth Place:Nottingham, England
Occupation:Businessman
Spouse:Hilda Worth
Children:4

Marcus Daniel Worth (March 1961 – 13 January 2023) was a British businessman. He was the co-founder of Worth Global Style Network, a fashion trend-forecaster, and Stylus.[1]

Early life

Marcus Daniel Worth was born in March 1961,[2] in Nottingham, England.[3] [4] He has an elder brother, Julian Worth.[3] He received three O Levels and left school at the age of sixteen.[4]

Career

Worth started his career by working for the family business, Heat-Seal Textiles, with his brother Julian.[4]

With his brother Julian, Worth was the co-founder of World Global Style Network, a fashion trend-forecaster, in 1997.[5] [6] [7] WGSN quickly grew into a global player with hundreds of staff situated in offices around the world. They sold it to Emap for £140 million in 2005.[6] [7]

Worth acquired the fashion label Ossie Clark in 2007.[7] He launched a new collection at the 2008 London Fashion Week, but sold it eighteen months later, after losing £4 million.[7]

Worth wrote articles for Forbes.[8]

In 2009, Worth launched Stylus, an innovation research and advisory firm helping businesses process global consumer lifestyle, product and engagement insights.[9]

Philanthropy

Worth was the chairman of the British-Israel Chamber of Commerce.[4] He was on the board of UK Israel Business,[10] and on the board of governors of the Shenkar College of Engineering and Design in Ramat Gan, Israel.[4] [11]

With his wife, Worth made charitable contributions to the Hampstead Theatre.[12] They have also donated to the Conservative Party, including to the MPs Mike Freer,[13] Richard Harrington[14] and Michael Gove.[15]

Personal life and death

Worth met his wife Hilda when she was nineteen years old.[16] She serves as co-Chair of the Jewish Women's Aid, a Jewish non-profit organisation which tackles domestic violence, and Deputy Chairman of the Conservative Friends of Israel.[17] [18] They had four children, Patti, Max, Henry and Louis.[4] They attended the Hampstead Synagogue.[4] They resided in Hampstead Garden Suburb, north London, and had a home in Herzliya, Israel.[4]

Worth died from a heart attack on 13 January 2023, at the age of 61.[19]

External links

Notes and References

  1. Web site: About Me: Website. 28 December 2016.
  2. Web site: Marcus Daniel WORTH - Personal Appointments (free information from Companies House). beta.companieshouse.gov.uk. 29 January 2018.
  3. News: Sunday Times Rich List. The Sunday Times. 78. 26 April 2015.
  4. News: The £4m venture that's 'Worth' it . Candice . Krieger . The Jewish Chronicle . 24 February 2011 . 16 October 2015.
  5. News: Emap makes millionaires of brothers who built cyberspace catwalk . Dan . Milmo . The Guardian . 15 October 2005 . 16 October 2015.
  6. News: I've created a monster for an industry of idiots, says WSGN founder Marc Worth . Christopher . Williams . The Daily Telegraph . 10 August 2014 . 16 October 2015.
  7. News: My liquidity moment: Marc Worth . Jonathan . Moules . Financial Times . 30 September 2011 . 16 October 2015.
  8. Web site: Marc Worth . Forbes. 16 October 2012 .
  9. http://www.stylus.com/About About}
  10. Web site: Board of Directors . UK Israel Business . 16 October 2015 .
  11. Web site: Board of Governors Meeting 2015: May 31 – June 2 . Shenkar College of Engineering and Design . 16 October 2015.
  12. Web site: Current Patrons . Hampstead Theatre . 16 October 2015 . dead . https://web.archive.org/web/20150929054750/http://www.hampsteadtheatre.com/support-us-/our-supporters/current-patrons/ . 29 September 2015 . dmy-all .
  13. Web site: TheyWorkForYou. 2021-08-02. TheyWorkForYou. en.
  14. Web site: TheyWorkForYou. 2021-08-02. TheyWorkForYou. en.
  15. Web site: Search - The Electoral Commission. 2021-08-02. search.electoralcommission.org.uk.
  16. News: A tale of two sisters: women in one family who chose different approaches to motherhood . Amelia . Hill . The Observer . 28 April 2002 . 16 October 2015.
  17. Web site: A Glimpse into the Life of…. Hilda Worth, Jewish Women's Aid. Hilda. Worth. 16 September 2015 . Jewish Women's Aid . 16 October 2015 .
  18. Web site: DIRECTORS OF CFI LTD . Conservative Friends of Israel . 16 October 2015 .
  19. Web site: WGSN and Stylus founder Marc Worth dies. FashionNetwork. Sandra. Halliday. 16 January 2023. 16 January 2023.