Speculation swirled as to why the designer, who previously launched George at ASDA and Next,was leaving. Some said he was retiring, while others asserted he had fallen out with M&S boss Stuart Rose. His daughter Michelle, who had been working for him at M&S also quit her job.
This month we'll all get to see why as Davies' new high-street offering GIVe will open its doors.
A chain of high street stores with bespoke tailors on hand as well as in-store style advisers, GIVe will debut on London's Regent Street - the new GIVe flagship store - later this month, with 25 more stores planned to open around the country this autumn.
Davies is said to have invested £20 million of his own money into the project which he began planning in 2005.
The designs are still underwraps, but we hear we should expect chic womens wear to rival the likes of Whistles and Karen Millen.More