Designer's Paychecks

[Prague]

A friend of mine went to work for Gucci, with some years of experience in other companies, and she gets around 5000 euros/month...

Designers for labels like Fornarina, Diesel, Miss Sixty ecc gets from 1000 (yes it's so true!) euros-2000 euros a month...

Wooooww.. That's a lot. How did she get the job from Gucci?!

 

[JJohnson]

i honestly don't understand why one would care to know how much top designers make. it's unrealistic. most all of us here(who do pursue design as a career) will never see a million dollar pay check, unless they are tom ford, marc jacobs and the likes.

i'm personally interested in what starting salary are for working at different companies as a new designer. 40K a year is not a lot considering the fact that you'd have to live in an expensive city like new york or london or paris to even work as a designer. especially after taxes, you'll end up making hardly any money to get by with a 40K paycheck.

its not that everyone here is aspiring to make that much as a designer, but i just wanted to know how much different designers make so see how the corporation feels they're worth and how things work...

 

[jpolla]

^By the way, were you referring to 40k as in £'s or $'s?

 

[JJohnson]

My friend is a designer for RL and she makes good...hmmm like $75,000-$80,000

 

[ultramarine]

Wooooww.. That's a lot. How did she get the job from Gucci?!

Ha, ha, ha!

I can ONLY imagine how a person gets a job on a house like Gucci

 

[twin star]

from WWD, July 10 '06

RALPH'S BONUS: Ralph Lauren, chief executive officer of Polo Ralph Lauren, received a $15 million bonus for the year ended March 31, 2006, a 13 percent increase from last year's $13.3 million bonus, according to the company's proxy filing on Friday with the Securities and Exchange Commission. Lauren's base salary of $1 million remained unchanged from a year ago. The ceo also received restricted stock valued at $4.3 million, or a 30.2 percent increase from the $3.3 million of restricted stock granted a year ago. In addition, there was no change in the 150,000 stock options he received this year from last year.

 

[fashion_boi_01]

he gets a bonus from his own company??

 

[DriversHigh]

why does it matter?

I say we pay them as little as possible so that designers aren't motivated by a paycheck, almost in the way we do with presidents.

 

[JJohnson]

he gets a bonus from his own company??

well its a publicly owned company so he cant get it all...but he gets A LOT though...he is the CEO so american CEO's always make A LOT, moving on he has a net worth of like $2.5 billion. Armani is the richest designer with a net worth of about Euros $4.2 Billion

 

[Prague]

...Armani is the richest designer with a net worth of about Euros $4.2 Billion

Oh. My. That's a fortune and a half.

 

[tctra]

In a TV Report about Chanel (a few month ago) it said that Lagerfeld gets 1 million Euro for every Collection - so consider the 3 Collections every year and the number of years he`s with them...and that is just Chanel...no idea what he gets from Fendi and his own lines...

1 million? ARe yu serious. I'd demand at least 5 times that per collection for the work he does for chanel

 

[Miss Dalloway]

I heard that Tom Ford got about 1 billion from Gucci in total...for the last 10 years...
not sure about the news...

I think that is true.I read in Vogue a while ago and in several other magazines that Tom Ford earned 1 billion for 10 years at Gucci!
Yes its really a lot but he revamped Gucci!

 

[Miss Dalloway]

1 million? ARe yu serious. I'd demand at least 5 times that per collection for the work he does for chanel

I agree,he deserves more and i thought hes bettre payed,of course if that is the real amount of money he gets!

 

[JJohnson]

Oh. My. That's a fortune and a half.

yea I agree! Does anyone know how much D&G makes?

 

[celery]

yea I agree! Does anyone know how much D&G makes?

silver Jacket p

 

[CommanderTMugler]

Alexander McQueen's will is out, he racked up a fortune of £16 million according to Vogue London.