helena
Swim Upstream
- Joined
- Apr 14, 2004
- Messages
- 6,428
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- 5
Scott said:Let's get this straight,"backers" own nothing in a company. They're only behind a designer with financial support but they own nill in one's label. So I think they're using this term rather loosely. Otherwise,what we've all come to deem as an indie would not be,as the majority of them do have backers. He must have just allowed them to buy his label,like Gucci Group did with McQueen and Balenciaga....albeit it's much larger....it's the same premise.
But seeing it in that sense,I understand completely. A little surprising but not entirely shocking. Yes,it's disgusting that he doesn't own his name but this is precisely the ultimate horror when one thinks of selling their labels off like that.
Scott - its the price one has to pay in order to get funding I'm afraid...and without funding from his backers he may not have been so commercially successful. Its easy to cast the funder as the bad guy in all this.....but it gives an otherwise 'indie' designer a platform that he/she otherwise wouldn't have had. This is something all 'creators' of wealth need to bear in mind at the outset. Fact of life...and the company may well 'own' all IPR in the name. Again thats the deal he signed up to to get the money to expand. C'est le vie. Its how the world of commerce operates. Iam sure Mr mouret will have been well recompensed for his efforts over the last few years.
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