Are there any downsides to starting a label with a celebrity?
Yes. Obviously I don’t feel it’s a downside, she’s one of my best friends. In the world of being taken seriously, it’s an uphill battle. We time and time again stress that this is her career project, this is what she has always wanted to do, and every other opportunity she’s been given over the past six years has led up to this, to finance her own clothing line. There is definitely second guessing and people who are testing us to see if we know what we’re doing and if we are taking the necessary steps to get the ball rolling and have a company.
Last week I met with
Hilldun, a financing company for the financing industry, and he let me have it. He said basically ‘Look, I think Lauren’s great, I think she could have a really successful career, something along the lines of the Olsen twins who have really taken their celebrity away from
their clothing line and it’s been successful,’ but he said, ‘It’s not going to happen if there’s not hard work, if there’s not a good team behind Lauren.’ I assured him that we are doing everything necessary to be taken seriously but his comment puts it out there that there are a lot of celebrity clothing lines that don’t do well. They’re there for 15 minutes and then they go away. That’s not what we’re trying to do here.