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.

The Elder Statesman
Private
IndustryRetail
Founded2007 (2007)
FounderGreg Chait
Headquarters
Los Angeles, California
,
United States
ProductsLuxury goods
Websiteelder-statesman.com

History

Founder Greg Chait was inspired by the gift of a cashmere blanket in 2002 to pursue a niche market.[1] 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]

Chiat 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]

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