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Paul Smith: Still a Shopkeeper at 80?
7 Sep
Summary
- Sir Paul Smith, at 80, retains youthful energy and continues to work.
- He founded his global fashion brand after leaving school at 15.
- Smith prioritizes his company's soul over profit, refusing buyouts.
At 80, British designer Sir Paul Smith maintains a vibrant energy, swimming daily before 6 a.m. and remaining deeply involved in his globally recognized fashion brand. His memoir, 'Threads: My Life in Style,' published recently, offers a reflection on his extraordinary journey from leaving school at 15 to building a fashion empire.
Smith's career is marked by his distinctive approach: integrating bright linings and signature stripes into classic tailoring. He has consistently chosen to retain control of his company, turning down lucrative offers to purchase it. This decision reflects his commitment to preserving the brand's unique identity and integrity.
Despite facing recent financial challenges, including significant losses in the past year, Smith expresses optimism about the company's future. He emphasizes the importance of adapting to changing times while staying true to core values. His philosophy centers on customer connection and the joy found in real-life retail experiences.
Looking ahead, Smith is channeling his passion into Paul Smith's Foundation, aiming to support young designers and entrepreneurs with essential business knowledge. He plans to bequeath his entire fortune to this foundation, underscoring his dedication to nurturing future generations in the creative industry.
