Business & Finance
Brought to you by: Monaco Life
MV Agusta and champion Italian motorcycle racer Virginio Ferrari have launched their new project, the Monaco Design Studio, specialising in the design of unique, one-off models for the brand’s most demanding clientele.
The Studio was founded by three-time Italian champion and World champion motorcycle road racer Virginio Ferrari, who has a long history with MV Agusta.
In 1994, he established Virginio Ferrari Racing which in 1998 became the official MV Agusta importer in the Principality, catering to an affluent and international clientele. It was here where Virginio Ferrari and his team were able to personalise the brand’s most prestigious models, creating unique pieces of ‘motorcycle art’ for the exclusive enjoyment of their passionate owners.
Engineering wizard Kazuhito Shimizu, who has been with Virginio Ferrari from the beginning, joins the Monaco Design Studio together with Designer Alexandre Dauly, who joined the group in 2013.
“If there had to be one place where to take MV Agusta’s prestige and exclusivity one step further, it had to be Monaco, and Virginio Ferrari had to be the man at the helm,” said Timur Sardarov, CEO of MV Agusta Motor. “The launch of the Monaco Design Studio is only the due official recognition of Virginio’s extraordinary work in all these years. He and his team deserve every success in this exclusive venture.”
Virginio Ferrari, founder and owner of the Monaco Design Studio, added: “In the mind of every biker, we find a desire for the personalisation of their motorcycle, so that it gets even closer to their absolute ideal. Over 100 MV Agusta one-offs prepared by us for customers from all walks of life under the guidance of our designer Alexandre Dauly, have proven us right.”
French and Monegasque financial intelligence agencies have met in Paris to discuss the latest international large-scale scams cropping up as a result of the Covid epidemic.
The Grimaldi Forum has inaugurated its new Ravel Terrace, giving extra room to visitors in a beautiful open air setting and sea views that can’t be beat.
Remote working for cross-border employees was the hot topic of discussion between the Monaco government and Italy’s new Ambassador in Monaco Giulio Alaimo this week.
The National Council has passed a long-awaited bill allowing the SBM to chase bad debts incurred at its casinos – a move which could already put millions back into its coffers.
French fashion designer Sonia Rykiel has died at the age of 86, it was announced on Thursday. Rykiel, nicknamed the Queen of Knitwear, had been suffering from Parkinson’s disease for some time before her death.
Nathalie Rykiel, managing and artistic director of the Sonia Rykiel fashion label, said, “My mother died at 05:00 this morning at her home in Paris from the effects of Parkinson’s.”
French President François Hollande praised her as “a pioneer”. He said Rykiel, whose relaxed striped knitwear was seen as a shift away from more formal suits, had “offered women freedom of movement”.
Rykiel was born Sonia Flis in Paris in May 1930, to a French father and Romanian mother. She started her career as a window dresser in 1948, with her first foray into design being when she knitted herself maternity dresses after marrying Sam Rykiel, the owner of a Paris boutique.
Rykiel made her breakthrough in 1962 with the so-called poor boy sweater, which had long sleeves and a fitted shape. Elle magazine then featured teenage pop star Françoise Hardy wearing a red and pink striped Rykiel sweater on its cover in December 1963. Brigitte Bardot was later photographed in a Rykiel creation, with Audrey Hepburn among her other famous fans.
Rykiel opened her first ready-to-wear store on Paris’s Left Bank in 1968 and her fashion empire went on to include menswear, children’s clothing, accessories and perfumes, the BBC reports.
During her career Rykiel developed new techniques like inside-out stitching and no-hem finishings, with other star pieces including embroidered knitted tops and rhinestone-studded berets. Rykiel wrote several novels and also featured in 1994 film Pret-a-Porter, Robert Altman’s satirical take on the fashion industry.
In a 2005 interview, she said she had been plagued by doubt in her early career. “When I started in fashion, for the first 10 years, I said to myself every day, ‘I’m going to quit tomorrow,’” she told Le Nouvel Observateur. “People are going to figure out that I don’t know anything. I always thought I’d be discredited in the end.”