Congratulations to Paul Smith for his storied 50-year vogue profession.
As soon as a racing bicycle owner, the British designer has used his boundless creativeness, perseverance, business-savvy — and sheer sense of enjoyable — to create a worldwide vogue model with gross sales of 250 million kilos a yr. And all of it started 5 a long time in the past with a tiny store in Nottingham, England.
Having devoted 50 years to constructing his enterprise, he’s prepared for extra. Retiring shouldn’t be a part of the plan, and neither is promoting his majority stake within the firm. Itochu, his longtime Japanese licensee, owns a minority, and that’s simply how Smith likes it.
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Report: Samantha Conti