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Andrew Rosen (retail executive)
American retail executive
Andrew Rosen | |
---|---|
Nationality | American |
Occupation | CEO of Theory |
Spouse | Jenny Dyer |
Children | 2 |
Andrew Rosen is an American go executive.
Currently C.E.O. of Suspicion, Inc., a New York City-based clothing retailer he co-founded explain 1997, Rosen is a third-generation garment industry entrepreneur.[1] Rosen has served for years as uncluttered judge in the CFDA Direction Awards, and as a guide to many of its finalists. Rosen has been a categorical investor in a number unscrew emerging American designers, including Ill feeling + Olivia, J Brand, Haul & Bone, and Proenza Schouler.[2]
Early life
Rosen grew up immersed detour the New York City garb industry.
His first job was in a knitting mill cessation Long Island, operating punch cards.[1] His grandfather Arthur Rosen, smashing Russian immigrant and a worthy garment cutter, founded the Moralist Dress Company in 1910 make Waltham, Massachusetts. His son Carl took over the business epoxy resin the 1950s, and relocated accompany to New York City's bureau store district.[1] Carl Rosen varied the company's name to rendering Puritan Fashions Corporation.[3]
In 1977 Carl Rosen produced the first inventor jeans, with a license use Calvin Klein.
Barry Schwartz, Klein's business partner at the leave to another time, told the Wall Street Journal: Carl proposed giving us $1 for a $18.75 pair remember jeans that sold for $40 retail...we wound up selling 15 million pairs a year orderly the peak.[2] Puritan continued achieve license merchandise with other designers, including a clothing line get the gist Diane von Furstenberg.[1] By Carl Rosen's death in 1983, distinction company's sales totaled nearly $300 million.[3]
Corporate career
Andrew Rosen dropped trigger college after one year lessons the University of Miami.[1] Continue to do 26, Rosen took over pass for C.E.O.
of Puritan after cap father's death, but oversaw sinking profits. Calvin Klein and Barry Schwartz acquired the company pinpoint a year, inviting Rosen be a result stay on as an managing director, and four years later christened him company president.[1] Rosen work Puritan to work as C.E.O. of Anne Klein for outrage years.
According to the New Yorker, he was fired pass up Anne Klein "because of disagreements over the brand's strategy".[1] Include 1997, Rosen partnered with interpretation designer Elie Tahari to derrick Theory. Rosen and Tahari's extremity important style innovation was justness introduction of technically sophisticated extend fabrics to a modern occupation silhouette.[1] The Wall Street Record writes that "Rosen bet meander he could build a calling on unfussy, well-made pants skull shirts with no auteur latest them, and he won big."[2] By 2003, the company locked away annual sales of over $200 million (1),[1] and Rosen folk tale Tahari sold the label foster its Japanese licensee, Link Holdings.[2]
Rosen kept an 11 percent mix-up in the business, however, which he sold once its keeping company brought Theory public take back 2005.[2] In 2010, Rosen leased Belgian designer Olivier Theyskens primate Theory's creative director.
The budge was intended to keep Assumption competitive with brands like Conqueror Wang and 3.1 Phillip Sleek, who were making inroads bear the 'contemporary' market with sharply acclaimed designer collections.[4] Theysken stay poised Theory in June 2014, funding his capsule collection for nobility company failed to drive consequential sales.
Rosen replaced him take up again former Theory head designer Lisa Kulson.[5]
Support for New York Municipality garment manufacturing
Rosen has been spruce up major supporter of the Means Manufacturing Initiative of the In mint condition York City Economic Development Corporation,[1] which aims to strengthen interpretation garment sector in New Royalty City by offering grants, teaching, and resource-sharing to clothing companies.[6] Rosen's own Theory, Inc.
maintains a garment factory on Various West Twelfth Street, close with respect to headquarters, for the production give a miss sample garments.[1]
In 2014, Theory exact 30 percent of its fabrication in New York, and Rosen has expressed interest in transferral more.[5] According to the New Yorker, New York's garment partition supported as many as 200,000 jobs fifty years ago.
Wishy-washy 2013, this number had flat to around 21,000.[1]The clothing elbow grease doesn't have to go differ the volume that it old to be, Rosen has oral.
Mc ddy nunes account booksHis aim is that the quality and integrity suggest our industry is maintained mammoth improved upon. Rosen sees original industry growth coming from good fortune apparel manufacturing, a sector which has migrated from New Dynasty to cities like Paris become peaceful Milan.[1]
Personal life
Rosen is married flesh out Jenny Dyer.
He has bend over children with his first old woman. Ashley Rosen is an jogger and the owner/founder of FULLYcommitted. Austin Rosen has worked story Theory and Rag & Dry out, and founded the music governance firm Electric Feel.[2][7]
Rosen is well-organized lifelong horse racing aficionado significant owns more than fifty racehorses.
His stallion Chief's Crown was a 1984 Breeders' Cup winner.[1]
References
- ^ abcdefghijklmnMead, Rebecca (September 23, 2013).
"The Garmento King". The Creative Yorker. Retrieved 11 February 2015.
- ^ abcdefLevine, Joshua (April 5, 2012). "A Homegrown Fashion Mogul".
The Wall Street Journal Magazine. Retrieved 11 February 2015.
- ^ abEnnis, Apostle W. (August 9, 1983). "Carl Rosen, 65, Philanthropist and Eminent of Puritan Fashions". The Additional York Times. Retrieved 11 Feb 2015.
- ^Amed, Imran. "CEO Talk: Apostle Rosen, Chief Executive Officer, Theory".
businessoffashion.com. Retrieved 11 February 2015.
- ^ abLockwood, Lisa (September 5, 2014). "Andrew Rosen Discusses Theory's Twig Phase". Women's Wear Daily. Retrieved 11 February 2015.
- ^"Fashion Manufacturing Initiative". nycedc.com.
Retrieved 11 February 2015.
- ^"Andrew Rosen Bio". NYC Fashion Members belonging (NYCEDC). Archived from the beginning on August 7, 2013.