Olivier Theyskens, 2002–2008
The company found new recognition for its fashion design when it chose Belgian-born Olivier Theyskens as its creative director in 2002.[2] (In the years leading to his appointment, its clothes had not been considered notable.[4]) Theyskens, within his first few months, was credited as creating an "entirely new silhouette for the house" that was French-influenced and elegant.[2] His first full collection, for Fall 2003, was praised by style.com as "ravishing" and "nothing short of magnificent."[5]
For the next several years, Rochas continued to garner praise among fashion critics[6][7][8][9][10] and to attract loyal followers. Rochas' clients included Nicole Kidman, Jennifer Aniston, Kirsten Dunst, Kate Bosworth, Jennifer Lopez, Rachel Weisz, and Sarah Jessica Parker. In 2006, the Council of Fashion Designers of America awarded Theyskens the International Award. However, Theyskens' focus on "demicouture" (special pieces too costly to mass-produce but which may not meet strict couture rules regarding hand-stitching and numbers of fitting) was questioned by fashion insiders as a viable business strategy.[2] His gowns, some of which were priced upwards of $20,000, were often out of reach for all but the most fabulously wealthy.[2] Theyskens took a purer approach to fashion and did not rely (like many fashion houses) on accessory sales and cheaper sister lines for a steady stream of revenue.[2]
In July 2006, Procter & Gamble announced the discontinuation of Rochas' fashion division, shocking many in the fashion industry.[11] One "longtime designer," commenting anonymously in The New York Times, said of the closure, "That sort of perfect, made-to-measure business can't exist today, which is really too bad. Everything is about business now, and fashion shouldn't have to follow normal economic models—that's not the point. What happened to investing in beauty?"[2]
News emerged in 2008 that there were plans to reopen the fashion house.[12]