The Elder Statesman (brand)

The Elder Statesman is a luxury clothing, fashion and lifestyle brand based in Los Angeles founded in 2007 by Greg Chait.

History

Founder Greg Chait was inspired by the gift of a cashmere blanket in 2002 to pursue a niche market. After he made some cashmere blankets for himself, Maxfield in Los Angeles sold some of his samples and requested more product.[1] The brand was founded in 2007 and expanded into a West Hollywood appointment-only studio in 2011.[2]

As of 2011, the brand's clothing lines were carried in stores such as Barneys New York.[2]

As of 2014, the brand was known for its knitwear, was carried in stores worldwide, had 25 employees and had relocated to a Culver City factory.[3] In June 2014, the company opened up an online store.[4] The brand is expected to open its first store in Los Angeles in late 2014.[5]

Chait had previously been chief executive officer of niche Australian denim brand Ksubi.[3] In December 2011, Justin Doss of GQ selected The Elder Statesman as his editor's pick.[6]

In 2012, founder Greg Chait was recognized with the $300,000 CFDA/Vogue Fashion Fund Award.[7]

During New York Fashion Week in February 2014, the brand was featured in The Wall Street Journal for its unique artistic installation of its cashmere line.[8] The brand is known for its intricacy, quality, and limited quantity of supply.[9]

Corporate partners

In March 2014, The Elder Statesman received a minority-stake equity investment from "cult luxury jewellery [sic] and accessories brand Chrome Hearts".[3] In September 2014, the brand partnered with private plane charter company XOJet to provide its customers with various luxury wares.[10]

References

  1. Chernikoff, Leah. Who Is The Elder Statesman? Meet CFDA/Vogue Fashion Fund Winner Greg Chait Fashionista.com, 2012-11-15, retrieved 2014-11-05^
  2. Crowley, Evelyn. Statesman Launches a New Line and Studio Vogue, 2011-11-09, retrieved 2014-11-04^
  3. Wang, Lisa. With Shared Artisan Ethos, Chrome Hearts Invests in The Elder Statesman The Business of Fashion, 2014-03-31, retrieved 2014-11-04^
  4. The Elder Statesman Launches Ecommerce TheZoeReport.com, 2014-06-19, retrieved 2014-11-05^
  5. Sherman, Lauren. The Elder Statesman Spring 2015 Ready-to-Wear Style.com, 2014-09-11, retrieved 2014-11-04^
  6. Doss, Justin. Editor's Pick: Elder Statesman - Unofficial Official Luxury GQ, 2011-12-22, retrieved 2014-11-04^
  7. Chernikoff, Leah. CFDA/Vogue Fashion Fund Names Winners: The CFDA/Vogue Fashion Fund has named its latest round of winners. Fashionista.com, 2012-11-12, retrieved 2014-11-04^
  8. Heyman, Marshall. Brand Goes Off the Beaten Path: The Elder Statesman Shows Off Cashmere Line With Balloons on a Conveyor Belt The Wall Street Journal, 2014-02-09, retrieved 2014-11-04^
  9. Sebra, Matt. The GQ+A NYFW Edition: The Elder Statesman's Greg Chait on Sticking to His Guns GQ, 2013-02-07, retrieved 2014-11-04^
  10. Tschorn, Adam. Elder Statesman wares get a lift from private plane charter firm XOJet Los Angeles Times, 2014-09-05, retrieved 2014-11-04^