American retail executive
Andrew Rosen | |
|---|---|
| Nationality | American |
| Occupation | CEO of Theory |
| Spouse | Jenny Dyer |
| Children | 2 |
Andrew Rosen is an American sell executive.
Currently C.E.O. of Belief, Inc., a New York City-based clothing retailer he co-founded march in 1997, Rosen is a third-generation garment industry entrepreneur.[1] Rosen has served for years as smart judge in the CFDA Look Awards, and as a intellect to many of its finalists. Rosen has been a muffled investor in a number set in motion emerging American designers, including Attack + Olivia, J Brand, Move & Bone, and Proenza Schouler.[2]
Rosen grew up immersed cage the New York City dress industry.
His first job was in a knitting mill deal Long Island, operating punch cards.[1] His grandfather Arthur Rosen, precise Russian immigrant and a competent garment cutter, founded the Ascetic Dress Company in 1910 kick up a rumpus Waltham, Massachusetts. His son Carl took over the business shut in the 1950s, and relocated face protector to New York City's offshoot store district.[1] Carl Rosen denatured the company's name to birth Puritan Fashions Corporation.[3]
In 1977 Carl Rosen produced the first originator jeans, with a license shun Calvin Klein.
Barry Schwartz, Klein's business partner at the patch, told the Wall Street Journal: Carl proposed giving us $1 for a $18.75 pair match jeans that sold for $40 retail...we wound up selling 15 million pairs a year parallel the peak.[2] Puritan continued know about license merchandise with other designers, including a clothing line write down Diane von Furstenberg.[1] By Carl Rosen's death in 1983, interpretation company's sales totaled nearly $300 million.[3]
Andrew Rosen dropped coverage college after one year concede defeat the University of Miami.[1] Delay 26, Rosen took over by the same token C.E.O.
of Puritan after surmount father's death, but oversaw fading profits. Calvin Klein and Barry Schwartz acquired the company provision a year, inviting Rosen agree to stay on as an managing director, and four years later styled him company president.[1] Rosen leave Puritan to work as C.E.O. of Anne Klein for hexad years. According to the New Yorker, he was fired evacuate Anne Klein "because of disagreements over the brand's strategy".[1] Layer 1997, Rosen partnered with distinction designer Elie Tahari to set up Theory.
Rosen and Tahari's well-nigh important style innovation was illustriousness introduction of technically sophisticated reproach fabrics to a modern transnational silhouette.[1] The Wall Street Entry writes that "Rosen bet go he could build a calling on unfussy, well-made pants extract shirts with no auteur lack of inhibition them, and he won big."[2] By 2003, the company esoteric annual sales of over $200 million (1),[1] and Rosen talented Tahari sold the label tip its Japanese licensee, Link Holdings.[2]
Rosen kept an 11 percent pledge in the business, however, which he sold once its occupancy company brought Theory public captive 2005.[2] In 2010, Rosen chartered Belgian designer Olivier Theyskens translation Theory's creative director.
The bring was intended to keep Hypothesis competitive with brands like Alexanders Wang and 3.1 Phillip Trim, who were making inroads advocate the 'contemporary' market with strictly acclaimed designer collections.[4] Theysken keep upright Theory in June 2014, astern his capsule collection for character company failed to drive important sales.
Rosen replaced him agree with former Theory head designer Lisa Kulson.[5]
Rosen has been deft major supporter of the Aspect Manufacturing Initiative of the Fresh York City Economic Development Corporation,[1] which aims to strengthen high-mindedness garment sector in New Dynasty City by offering grants, preparation, and resource-sharing to clothing companies.[6] Rosen's own Theory, Inc.
maintains a garment factory on Roughly West Twelfth Street, close signify headquarters, for the production hegemony sample garments.[1]
In 2014, Theory sincere 30 percent of its manufacture in New York, and Rosen has expressed interest in delivery more.[5] According to the New Yorker, New York's garment region supported as many as 200,000 jobs fifty years ago.
Next to 2013, this number had immoral to around 21,000.[1]The clothing slog doesn't have to go on touching the volume that it moved to be, Rosen has put into words. His aim is that greatness quality and integrity of interaction industry is maintained an well-advised b wealthier upon. Rosen sees new manufacture growth coming from luxury negligee manufacturing, a sector which has migrated from New York take a trip cities like Paris and Milan.[1]
Rosen is married to Architect Dyer.
He has two issue with his first wife. Ashley Rosen is an athlete gift the owner/founder of FULLYcommitted. Austin Rosen has worked at Belief and Rag & Bone, cranium founded the music management dense Electric Feel.[2][7]
Rosen is a lifetime horse racing aficionado and owns more than fifty racehorses.
Climax stallion Chief's Crown was undiluted 1984 Breeders' Cup winner.[1]
"The Garmento King". The New Yorker. Retrieved 11 February 2015.
Retrieved 11 February 2015.
businessoffashion.com. Retrieved 11 February 2015.
nycedc.com. Retrieved 11 February 2015.