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KITH Founder: How to Build a Brand With Cult-Level Loyalty — Transcript

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  1. 0:00What does Kith [music] cost you
  2. 0:01personally that people can't see?
  3. 0:04>> That's a great question, man.
  4. 0:05Everything.
  5. 0:06It's cost me everything.
  6. 0:08>> Ronnie Fieg is the founder, CEO, and
  7. 0:10creative director of Kith, one of the
  8. 0:12most influential lifestyle brands in the
  9. 0:14world. He's built an empire around his
  10. 0:16personal taste, turning his point of
  11. 0:18view into collaborations with BMW, Nike,
  12. 0:21Giorgio Armani, and more.
  13. 0:22>> Give people more than what they pay for.
  14. 0:25That's the motto. I'm interested in
  15. 0:26people connecting to the brand. [music]
  16. 0:28The minute the curiosity goes away, it
  17. 0:30could all go to zero.
  18. 0:31>> Ronnie opens up 15 [music] years of the
  19. 0:33Kith archive, showing us how he thinks
  20. 0:35about product and stories that he's
  21. 0:37never told publicly.
  22. 0:38>> People are moving without purpose. I'm
  23. 0:40not cut [music] from that cloth, and I
  24. 0:41don't come from that era. Really, the
  25. 0:42brand is my life. So, the end point is
  26. 0:45when I die. You know, and nobody knows
  27. 0:46this. I haven't told this publicly, but
  28. 0:57>> No paid ads, no influencers, no
  29. 1:00wholesale. This man has built a monster
  30. 1:02without doing the stuff that everybody
  31. 1:04says you have to do.
  32. 1:06Stay till the end. We're going to give
  33. 1:06you guys the full playbook on how he
  34. 1:08built Kith. I want to tell you a quote
  35. 1:10that I heard from Colin Brickley, ASICS
  36. 1:12sport style director. I spoke to him
  37. 1:14last night about you.
  38. 1:15>> One of the best people, by the way.
  39. 1:17>> One of the best. What he said about you,
  40. 1:18he You know exactly what people want.
  41. 1:20You're obsessed with over-delivering
  42. 1:22value for the price. You always think as
  43. 1:25the consumer. You never want someone to
  44. 1:27pay X and get Y. You are a stickler on
  45. 1:29quality, and you will never cut corners
  46. 1:32for margin. You are the best in class in
  47. 1:35your commitment to the customer. He had
  48. 1:37a lot of things to say about you, but he
  49. 1:39just said it was a maniacal obsession
  50. 1:41that you would just never cut corners.
  51. 1:43Which makes sense, knowing the end
  52. 1:44product. So, let's just go [ __ ] deep
  53. 1:47into product. Won't you just walk us
  54. 1:48through like your actual process of a
  55. 1:51spark in your head to getting it on the
  56. 1:53shelf? I think a A of people are very,
  57. 1:55very curious what that looks like.
  58. 1:58>> Um so
  59. 2:00that process can range
  60. 2:03in in in so many different ways. Prod-
  61. 2:06product is created in a million
  62. 2:08different
  63. 2:09lanes, I would say. Like we have so many
  64. 2:12different ways of doing things, but
  65. 2:14when we think about footwear
  66. 2:15specifically, because that's the quote
  67. 2:17that Colin gave you about footwear, I
  68. 2:19spent 15 years on the floor, on the
  69. 2:22sales floor.
  70. 2:23Like seeing Imagine like being a buyer
  71. 2:26and open to
  72. 2:28call it 50 brands of footwear.
  73. 2:31And
  74. 2:32seeing product quarterly for what these
  75. 2:34brands are offering,
  76. 2:35but then also having the knowledge of
  77. 2:38why people gravitate towards certain
  78. 2:40product. Like what they like about the
  79. 2:41product.
  80. 2:42>> And is this just you being maniacal with
  81. 2:44asking questions when consumers come in?
  82. 2:45>> Yeah, cuz I was a salesperson first for
  83. 2:47years, for 10 years. I was selling
  84. 2:49footwear, right? So
  85. 2:53when people would come in,
  86. 2:55their questions and curiosity back then,
  87. 2:57before they were led by social media or
  88. 2:59led to like certain things because of
  89. 3:02seeing other people wearing it, they
  90. 3:04would come in and
  91. 3:06I would say 50% of it was functional and
  92. 3:0950% of it was fashion, you know? And
  93. 3:12on both ends, I got to see why people
  94. 3:15liked product. So the spark, the idea
  95. 3:18that I have
  96. 3:20on making certain product always stems,
  97. 3:22I think, from that.
  98. 3:24From from having my own sense of
  99. 3:27individuality and like liking certain
  100. 3:29things for my own reasons. My own
  101. 3:30reasons are building blocks for 31
  102. 3:33years.
  103. 3:34From 1995,
  104. 3:36putting boxes on shelves, but spending
  105. 3:39quality time with product, coming into
  106. 3:41the basement, opening boxes, seeing what
  107. 3:43they look like,
  108. 3:44feeling, touching, you know, like I got
  109. 3:47to see the Made in Italy era of boots.
  110. 3:50Like that was like that was incredible.
  111. 3:51The made in England Clark's like
  112. 3:53craftsmanship on another level that era,
  113. 3:56you know, and
  114. 3:58that that formed I think my taste in
  115. 4:01product is
  116. 4:03the ability to see so much product and
  117. 4:06having to have a point of view on what I
  118. 4:08liked.
  119. 4:09Can't like it all if there's like, you
  120. 4:11know, 500 styles on the wall, you're
  121. 4:13eventually going to pick what you like
  122. 4:15most. And then what you like most, you
  123. 4:17know,
  124. 4:18thinking about it from
  125. 4:20today, like seeing things for the first
  126. 4:22time and liking them for your own
  127. 4:24reasons is might not be a language that
  128. 4:27people understand today.
  129. 4:28>> think that's in existence anymore. I
  130. 4:29think everybody's influenced cuz I see
  131. 4:30it first on social and then how is it
  132. 4:32getting positioned in the marketplace?
  133. 4:33>> So familiarity is has become a very
  134. 4:37important I think starting point for
  135. 4:39people on how they can like something,
  136. 4:41right?
  137. 4:42For me it wasn't
  138. 4:44it wasn't about that at all. For me, I
  139. 4:46liked newness in footwear cuz I've
  140. 4:48gotten to see so many different styles
  141. 4:50over the years that if you were to tweak
  142. 4:52and change things by 10% it could make a
  143. 4:55huge difference, right? Within the
  144. 4:57category. So there's subcategories of
  145. 5:00footwear and I got to study all of them.
  146. 5:03And I got to love footwear
  147. 5:05like in totality. So I'm not a sneaker
  148. 5:08guy, I'm a footwear guy because brown
  149. 5:10shoes and boots to me are as important
  150. 5:12as as a sneakers. In fact, like some of
  151. 5:15the first products that I collected were
  152. 5:17Dolomite boots.
  153. 5:18>> Wow.
  154. 5:19>> There was a time when I had like 150
  155. 5:21pairs of Dolomites because my I would
  156. 5:23spend all of my money, my checks on
  157. 5:25boots, you know, and it got to the point
  158. 5:28where I was filling my parents garage
  159. 5:30with with these boots and
  160. 5:33it was an obsession that I can't explain
  161. 5:35because it didn't have resale value. I
  162. 5:36just loved the product so much that I
  163. 5:38needed to have all of it. And because it
  164. 5:40would disappear the next season, some of
  165. 5:42those styles would disappear and then
  166. 5:43you'd be offered new product and I
  167. 5:45didn't want to miss the opportunity on
  168. 5:47some of those products, you know? So,
  169. 5:50my my taste and how I started to collect
  170. 5:53in my life
  171. 5:55started with brown shoes and boots.
  172. 5:57So, fast forward to like when I have an
  173. 6:00idea and when it's
  174. 6:01you know, what my my ideas come from the
  175. 6:04catalog of all the product that I've
  176. 6:07seen.
  177. 6:08So, imagine I see one brand have this
  178. 6:11like really unique colorway of
  179. 6:14call it like a trail runner.
  180. 6:16And I see that colorway in a trail
  181. 6:18runner
  182. 6:19and
  183. 6:20I like the uniqueness of it within the
  184. 6:22category.
  185. 6:24And then
  186. 6:2620 years later, I'm working on
  187. 6:29a running shoes or retro running, call
  188. 6:32it.
  189. 6:33And I think back to like what's a unique
  190. 6:36color palette or unique color blocking
  191. 6:38or a unique point of view on a colorway,
  192. 6:41I go back in my brain for the catalog
  193. 6:43that I have and I get to like reference
  194. 6:46some of the stuff that I loved back
  195. 6:47then.
  196. 6:48And that's I think that that's the
  197. 6:49that's to me it's it's very rewarding to
  198. 6:52get to
  199. 6:54relive some of those moments that I
  200. 6:56loved so much in the '90s, early 2000s
  201. 6:58that I get to apply to product that I
  202. 7:00built today. And that's really what it's
  203. 7:02from. That's really where it comes from.
  204. 7:03>> So, ultimately you're
  205. 7:05a historian and you're going into the
  206. 7:07archives and you're kind of
  207. 7:08cross-pollinating, whether it be a
  208. 7:09colorway, maybe you're like, "Hey, I
  209. 7:10like this suede. I like this nubuck."
  210. 7:12And you're kind of mixing and matching
  211. 7:14and then going off of kind of whatever
  212. 7:17that DNA is from that past one and kind
  213. 7:19of infusing it with the Kith DNA?
  214. 7:21>> That's that's just that's just one
  215. 7:23example. There are so many different
  216. 7:25examples I could give you, but I'm just
  217. 7:27going to give you one that is really
  218. 7:31true to my history and my knowledge that
  219. 7:35I have in footwear.
  220. 7:37I don't know if there's anyone in my
  221. 7:39world of footwear that has seen as many
  222. 7:44products as as I've seen over the years.
  223. 7:46Like, it's 31 years now of
  224. 7:50really being immersed not only in
  225. 7:52athletic footwear, like I said, but also
  226. 7:54brown shoes and boots, which play a huge
  227. 7:56part as to how I think about footwear as
  228. 7:58a whole, and some of those elements are
  229. 8:01applied even to the athletic footwear
  230. 8:02world that we've been able to build.
  231. 8:05>> I'm confused in a sense that I think
  232. 8:07most people are like, are you the ICP?
  233. 8:10Are you the customer? Are you building
  234. 8:11this for you, or are you building this
  235. 8:13for your customer? Because I do feel
  236. 8:14like over the years your customer base
  237. 8:16has expanded where like I have my
  238. 8:1814-year-old nephew loving it, and then
  239. 8:20the guy that works here said he has
  240. 8:219,000 points on Kick. He's a 45-year-old
  241. 8:23guy that works works at this place. So,
  242. 8:25who's the customer, and how do you think
  243. 8:27through that Is it strategic, or is it
  244. 8:28just you?
  245. 8:29>> It's me.
  246. 8:30>> Wow.
  247. 8:31>> And I think that that's the that's like
  248. 8:33I think
  249. 8:34what what has been I think the hardest
  250. 8:37part of our business to replicate.
  251. 8:40Has I I think the point of view.
  252. 8:43So, the point of view and the lens has
  253. 8:45always been me. Every single footwear
  254. 8:47project, and that's why this book is so
  255. 8:48important for the 15 year, which we'll
  256. 8:50get into.
  257. 8:52That's why this book is so important,
  258. 8:53because there's 2,200
  259. 8:56styles of shoes
  260. 8:58in 15 years that I worked on.
  261. 9:01And I worked on every single one. Like
  262. 9:05never phoned in anything I've ever done
  263. 9:07in footwear. Never.
  264. 9:09And I think that you know, Colin's quote
  265. 9:12if you speak to anyone I worked with at
  266. 9:14any footwear brand, they'll have similar
  267. 9:16things to say, because we geek out about
  268. 9:18it. Like, it's like this is like my
  269. 9:20livelihood. I love this [ __ ] you know,
  270. 9:23and it's
  271. 9:24it has
  272. 9:25grown to become more than I ever wanted
  273. 9:28it to become, but the fact that I get to
  274. 9:30share it now with this amount of people
  275. 9:33globally, you know, like imagine
  276. 9:35releasing a shoe. So, like imagine
  277. 9:37starting the way I started and not even
  278. 9:39thinking
  279. 9:41that you know, I didn't know if I had a
  280. 9:43shot for this thing to be successful or
  281. 9:45not, and then it was locally.
  282. 9:48And now we release a shoe, and we have
  283. 9:50like lines outside of
  284. 9:53you know, Korea, Japan, France,
  285. 9:57UK, Canada,
  286. 10:00New York, Miami, LA,
  287. 10:02Dallas, Chicago, like it and then
  288. 10:05multiple cities globally in the same on
  289. 10:07the same day. And yes, other brands have
  290. 10:09had that, too, but I it'll I'll never
  291. 10:12I'll never take that for granted. It's
  292. 10:13like I I It still surprises me every
  293. 10:16day, you know?
  294. 10:17>> So, do you think like the strength of
  295. 10:18these brands is basically based on you
  296. 10:21said DNA? I would say it's taste. I'd
  297. 10:23love to know like how you define taste.
  298. 10:26Like in this Because everyone's talking
  299. 10:27about with AI that like taste is the new
  300. 10:29moat. Are you basically just saying that
  301. 10:31the creative director and or the person
  302. 10:33that's filtering product through their
  303. 10:34stories and their ideas, ultimately that
  304. 10:37is what taste is?
  305. 10:40>> Taste is um
  306. 10:43taste and style are the two most
  307. 10:45important words, I think, in our world
  308. 10:48for what we do, right?
  309. 10:50And my my taste
  310. 10:53has always been the same for what I
  311. 10:55like, but my style has evolved,
  312. 10:58right? So, like,
  313. 11:00you know, as you get older, you tend to
  314. 11:03wear different things, you know, like
  315. 11:05And it's funny because like I remember
  316. 11:08growing up, like, you you see your
  317. 11:09parents and you see like, you know, your
  318. 11:12elders kind of like
  319. 11:14dressing, wearing, listening to music,
  320. 11:16and
  321. 11:17kind of you're you're paying attention
  322. 11:18to their behavior, and you're thinking
  323. 11:20like, that'll never be me. I like what I
  324. 11:22like, and I'll never evolve from this.
  325. 11:24This is my you know, and then you find
  326. 11:26yourself
  327. 11:27you know, listening to [ __ ] Led
  328. 11:29Zeppelin,
  329. 11:30you know, with your dad in the car and
  330. 11:32enjoying it just as much as he does, you
  331. 11:34know, later on in life. So, it's it's
  332. 11:36just to me I feel like
  333. 11:39the consistency
  334. 11:41And I And I think that that's rare for
  335. 11:43there to be a brand where every product
  336. 11:47goes through one lens.
  337. 11:49And then I I think that the consistency
  338. 11:51is what makes it really
  339. 11:54easy to grow with.
  340. 11:56So, like
  341. 11:57I think that there's a red thread
  342. 11:59through a lot of what people see from
  343. 12:01the brand.
  344. 12:02And again, like to to me I'm just trying
  345. 12:04to build emotion.
  346. 12:06That's that's my job, you know, is to
  347. 12:08transfer the emotion that I have for the
  348. 12:09product to the people who are buying the
  349. 12:12product. I think there's no better
  350. 12:13example. I actually never heard that.
  351. 12:15That's That's brilliant distinction
  352. 12:16between taste and style. We were talking
  353. 12:18off camera of like how I got in was
  354. 12:20through the A6 and then I got into like
  355. 12:22my grown man Sebago's and I matured into
  356. 12:24Clarks. When I was in my fuckboy arrows,
  357. 12:25Del Toros, and now I'm getting dress
  358. 12:27shirts from you. So, I think that's an
  359. 12:29interesting kind of distinction that is
  360. 12:31just through your lens, but you're going
  361. 12:32to change, you know, just like at one
  362. 12:34point you're wearing, you know, the
  363. 12:35Mercers were joggers and now you're
  364. 12:36wearing baggy pants. And that's like on
  365. 12:38the style side, not on the taste side.
  366. 12:40Yeah, exa- exactly. Like taste is
  367. 12:42something
  368. 12:44Taste is unique to people, you know, but
  369. 12:46your taste if your taste could be swayed
  370. 12:49then, you know, you don't have a strong
  371. 12:51point of view.
  372. 12:53So, if you could be swayed by things
  373. 12:54that you see every day on social or
  374. 12:57you're influenced easily, then your
  375. 12:59taste won't be consistent.
  376. 13:01You know, so like
  377. 13:02it's it's been it's been easy for people
  378. 13:05to follow the brand for all of these
  379. 13:07years because
  380. 13:09the course has been additive.
  381. 13:12It hasn't been
  382. 13:13>> No.
  383. 13:14>> Yeah.
  384. 13:15>> It's the same through line the whole
  385. 13:16entire time.
  386. 13:17>> That's right. Ex- exactly. And people
  387. 13:18can see that I work on product that I
  388. 13:21love. And it's not for everybody and
  389. 13:23it's not meant to be for everybody.
  390. 13:25But it's through the lens of what I
  391. 13:26love, You know, so if one day we're
  392. 13:29working on
  393. 13:30a Kith Treats capsule,
  394. 13:32you know, that's the that's the fun
  395. 13:35category from the brand, the subcategory
  396. 13:37of the brand that's supposed to be the
  397. 13:38most fun is through Kith Treats, right?
  398. 13:40So,
  399. 13:42we have fun in that category. It's meant
  400. 13:44to be young. It's meant to be fun,
  401. 13:46right? And I don't forget about that kid
  402. 13:47that I was when I first started the
  403. 13:49brand and even before then,
  404. 13:52I want to offer product to people who
  405. 13:54like the fun portion of the brand or the
  406. 13:56fun category of the brand. Do I wear
  407. 13:57Kith Treats t-shirts today?
  408. 13:59Less. Less and less, I would say, right?
  409. 14:02>> Maybe on the playground with your nieces
  410. 14:04and nephews.
  411. 14:04>> Yeah, exa- exa- like in a fun setting, I
  412. 14:06would still wear it, but I don't but
  413. 14:07that's not like that's not my
  414. 14:10I've ev- I've evolved with age, you
  415. 14:12know? But, people that want to, you
  416. 14:15know, have that fun,
  417. 14:17you know, graphic program in their
  418. 14:19closet, you know, they have the ability
  419. 14:21to do that through the brand. And if we
  420. 14:24work on a Kith Treats capsule
  421. 14:27that releases once a month and it's fun
  422. 14:29and it's bright and it's graphic and it
  423. 14:31could be cereal-infused. It could be
  424. 14:33something that we do with, you know,
  425. 14:35Junior's Cheesecake. It could be It
  426. 14:37could be whatever for Kith Treats that's
  427. 14:40meant to be, you know, the F&B portion
  428. 14:42that's linked to a fun
  429. 14:45aspect. That's how we design We design
  430. 14:47backwards from it being
  431. 14:48fun and colorful, right? So, if we're
  432. 14:52doing that and then the next week
  433. 14:54we're releasing a Giorgio Armani
  434. 14:56collection,
  435. 14:58I understand why people get confused.
  436. 15:00It's because
  437. 15:01nobody's ever done that
  438. 15:03in our world. So, there are people that
  439. 15:06understand the brand because they've
  440. 15:08grown up with the brand and they
  441. 15:10understand both ends of the spectrum and
  442. 15:12everything in between.
  443. 15:13And then there are people who don't
  444. 15:15follow the brand daily, who haven't made
  445. 15:17it a part of their lifestyle, that see
  446. 15:19that one thing and then see the next
  447. 15:21thing and then they hate what they don't
  448. 15:23understand.
  449. 15:23>> your people anyway. You don't even give
  450. 15:24a [ __ ] about those people anyway.
  451. 15:25>> I've I've never cared about anyone who
  452. 15:27hasn't put the time in
  453. 15:29>> To see.
  454. 15:29>> to see and understand what it is that
  455. 15:31we've done over the years and who it is
  456. 15:33that we cater to. It's like a lot of
  457. 15:35people would prefer me to alienate
  458. 15:39you know, the left end of the spectrum
  459. 15:41and focus only on these more
  460. 15:43sophisticated, you know, products that I
  461. 15:45would wear mostly today, you know? But
  462. 15:48But the truth is that's not what the
  463. 15:49brand is. The brand was always meant to
  464. 15:51be this welcoming space
  465. 15:54that welcomes anyone who knows the
  466. 15:56difference. Knows the difference of
  467. 15:57what? Knows the difference between great
  468. 15:59and good.
  469. 16:01That's what the brand is. The brand is
  470. 16:04is created for people who know the
  471. 16:06difference,
  472. 16:07you know? And And that difference
  473. 16:09doesn't only come in one form of style
  474. 16:11or another or one kind of product or
  475. 16:14another. That applies to everything that
  476. 16:16we do,
  477. 16:17whether it's a BMW car
  478. 16:20or
  479. 16:21a cereal collaboration or
  480. 16:24a licensing deal with a film studio,
  481. 16:27you know? And when we make
  482. 16:29Back to the Future product, Back to the
  483. 16:31Future is one of the most culturally
  484. 16:32relevant movies
  485. 16:34in our lifetime.
  486. 16:36But
  487. 16:37there there are still, I believe, people
  488. 16:39who question why we would make product
  489. 16:42like that
  490. 16:43if we are able to do things that are so
  491. 16:45much more sophisticated and
  492. 16:48I guess
  493. 16:50elevated in the sense of price point and
  494. 16:53style.
  495. 16:54And I And I think that I just explained
  496. 16:56why it's important for us to cover all
  497. 16:59facets of the spectrum that we've built
  498. 17:01over the years cuz it started there.
  499. 17:03So, I'll never forget about that
  500. 17:04consumer, ever.
  501. 17:06And it's not a big It's not a big
  502. 17:08revenue driver for the brand. A lot of
  503. 17:10people may think that the licensing
  504. 17:12deals for some of these smaller and more
  505. 17:15fun
  506. 17:16releases that we do are a big part of
  507. 17:18the revenue driver, but it's not. It's
  508. 17:20really small, actually. But I love film.
  509. 17:22I love music. I love sports.
  510. 17:25That's what the brand is. It's
  511. 17:26everything I love. And if you grew up in
  512. 17:27Queens the way I did and took the F
  513. 17:30train from the last stop on 179th and
  514. 17:32Hillside, you know, to the city
  515. 17:34every morning and come back every night,
  516. 17:36you will see every [ __ ] thing
  517. 17:39possible under the sun
  518. 17:41on that 1-hour train ride.
  519. 17:43You'll see all different styles, all
  520. 17:45different cultures.
  521. 17:47And that's what New York is.
  522. 17:49And we're a New York brand. So I'm never
  523. 17:51going to be one thing or the other. I'll
  524. 17:53be everything that I am.
  525. 17:55That's all that That's all the brand can
  526. 17:56be.
  527. 17:57>> The genius part of this, anyone can say
  528. 17:59anything they want about you and your
  529. 18:00brand, but the last thing they can say
  530. 18:02is that you guys are ever stale. What I
  531. 18:04think that you've done a great job of,
  532. 18:06and for people out there listening, it's
  533. 18:07a great way to think about your
  534. 18:08business,
  535. 18:09is just you have all of these kind of
  536. 18:10new vessels in conjunction with where
  537. 18:13you're at in your life.
  538. 18:14>> Yeah.
  539. 18:14>> Like the kids division makes the most
  540. 18:16amount of sense when you're bringing a
  541. 18:17kid into the world. Like dude, I
  542. 18:19remember when you did like that stroller
  543. 18:21collab, yeah, and I was like, this
  544. 18:22[ __ ] his wife just wanted his
  545. 18:24boozy stroller and she [ __ ] with the
  546. 18:25stroller, right?
  547. 18:25>> Yo, that's exactly what happened.
  548. 18:27>> I knew it.
  549. 18:28>> You know what I mean? It's exactly what
  550. 18:29happened. In the conversation that we
  551. 18:30had with Bugaboo, it was at the time it
  552. 18:33it was at the time when, you know, I had
  553. 18:34my first kid. So,
  554. 18:37you know, it's all relevant to things
  555. 18:38that
  556. 18:39I love, you know, and I guess there
  557. 18:42there's only one
  558. 18:44release or project that we worked on
  559. 18:47that didn't stem from my passion, which
  560. 18:49was the golf collection with TaylorMade.
  561. 18:51You know, and that came from
  562. 18:53>> golf neither, bro. I don't know if you
  563. 18:54are. I'm not.
  564. 18:54>> You're not I I mean
  565. 18:56to be honest, I wanted to golf, right?
  566. 18:59But I wasn't this I wasn't I you know, I
  567. 19:01don't have the time to commit the way
  568. 19:03you have to to be great at it. So,
  569. 19:05you know, my VP of product, his name is
  570. 19:07Michael, he's been with me he's almost
  571. 19:09been with me since day one. I think he's
  572. 19:10been with me now like 13 or 14 years.
  573. 19:13And he's huge into golf. He loves golf
  574. 19:15and Nick, my COO, loves golf. So, we had
  575. 19:18a conversation and it was like
  576. 19:20we almost didn't do it because I'm like,
  577. 19:22"Nah." And for years I wouldn't even
  578. 19:24entertain the convo cuz I'm like, "I
  579. 19:25don't [ __ ] with golf." But then I was
  580. 19:27like, "You know what?
  581. 19:28These guys are part of a company
  582. 19:30culture. Like they are part of the the
  583. 19:32cloth of this thing. So, like
  584. 19:34you know, we went we had the convo and
  585. 19:36actually I got into golf learning about
  586. 19:39the product. And I I still ended up
  587. 19:42designing the hard goods.
  588. 19:44You know, even though I wasn't a golfer,
  589. 19:47my point of view came from the outside
  590. 19:49in, which was like
  591. 19:51everybody's so used to being traditional
  592. 19:53with the sport. What if we did this? You
  593. 19:56know, and then boom, the all black set.
  594. 19:58And then what if we did this? And boom,
  595. 20:00you had the multi, you know, it was the
  596. 20:01gradient metal pack for the for the you
  597. 20:04know, for the golf set. So,
  598. 20:06I believe it's one of the best, you
  599. 20:07know, hard good sets
  600. 20:10that that has ever existed in golf. And
  601. 20:12I've done a lot of research. When we
  602. 20:13went and we did that, I did a lot of
  603. 20:14research. So, we had a crazy mood board
  604. 20:17of everything that existed and I wanted
  605. 20:18to do something very different. So, we
  606. 20:20were able to do that. And you know, now
  607. 20:22it's going to evolve from there. But my
  608. 20:24point is
  609. 20:25I became interested in it
  610. 20:27and then I wouldn't have put my my my
  611. 20:30work or my ideas into it unless I felt
  612. 20:33like I was studied enough in it. So,
  613. 20:35like we did we did a lot of research.
  614. 20:36And that's the thing is like
  615. 20:38if if you feel comfortable
  616. 20:41applying your point of view and you
  617. 20:42think your lens can be impactful,
  618. 20:45then all of a sudden it becomes a new
  619. 20:47lane that you can then thrive in.
  620. 20:49Because now people they're waiting for
  621. 20:52the next thing we do with TaylorMade or
  622. 20:53the next thing we do with golf. We got
  623. 20:55people and and it was one of the most
  624. 20:57successful releases that we had in
  625. 20:59sports product that we built. I think
  626. 21:01it's the most asymmetric difference in
  627. 21:03product in the category.
  628. 21:05>> Yeah. Like your product next to the the
  629. 21:07next closest product in golf,
  630. 21:09>> Yeah. would argue is the biggest
  631. 21:10difference in any category. Maybe maybe
  632. 21:12the Bugaboo actually.
  633. 21:13Maybe that maybe that was a little
  634. 21:14different, but I I and I'm sure that so
  635. 21:17much of your audience is a golfer and
  636. 21:18they were feening for that.
  637. 21:20>> Yeah, and it's it's polarizing, you
  638. 21:21know, for a brand like us to take on
  639. 21:24golf when we did. You know, now it's a
  640. 21:26bit different, but when we did it for
  641. 21:28the first time and when we started
  642. 21:30working on it for the first time, we
  643. 21:31worked on it a year a year and a half
  644. 21:32before it released.
  645. 21:34I think it was
  646. 21:36very impactful in a way that
  647. 21:40people were excited that wouldn't
  648. 21:42typically get excited about golf
  649. 21:43products. So, that's that that actually
  650. 21:45worked. You know, so there there's so
  651. 21:46many different areas that we could touch
  652. 21:48on for what the brand does
  653. 21:50where our point of view can create
  654. 21:53emotion and can also bring a new
  655. 21:55consumer on board to love something that
  656. 21:58they wouldn't typically love. You know,
  657. 22:00and and I think that that's seeing that
  658. 22:02happen multiple times over and over
  659. 22:03again. Even like for example, like when
  660. 22:05I first worked on my ace on the first
  661. 22:07Asics shoe
  662. 22:09in '07, seeing the people that were
  663. 22:11coming in and buying them, I saw people
  664. 22:13look at the shoe for the first time.
  665. 22:15Like they didn't know what the shoe was.
  666. 22:17But yet, you know, think about that.
  667. 22:19That's 20 years ago. You know, 20 years
  668. 22:22later, the amount of Asics that people
  669. 22:24probably had, amount of pairs that they
  670. 22:26had in their you know, in the in the 20
  671. 22:28year span.
  672. 22:29>> Bro, you opened up that in-line big
  673. 22:30time. We were last talking to Colin
  674. 22:31about that last night. Like I bought
  675. 22:33in-line Asics Gel-Lyte's. That was never
  676. 22:36never an option for me until after the
  677. 22:38fact with you.
  678. 22:39>> I mean, that's a that's a great
  679. 22:41partnership.
  680. 22:41>> it's it's Listen, it was a great first
  681. 22:43project and now Asics stands for a lot
  682. 22:45more than a Gel-Lyte III. Similar to
  683. 22:46what we did, you know, where we expanded
  684. 22:48like our aperture really widened from
  685. 22:51there. You know what I mean? Like
  686. 22:53And and with Asics the same thing what
  687. 22:54sport style then be then became after
  688. 22:57that. It was an evolution of
  689. 23:00you know, having product that was
  690. 23:02relevant to the culture and how they
  691. 23:03were able to grow that. That was a great
  692. 23:05That was a great run. And still till
  693. 23:07today, you know, you're seeing retro
  694. 23:09product because the ASICS GEL-Lyte III
  695. 23:12at one point was a performance led
  696. 23:13product. That was a performance product
  697. 23:16from the brand and then became
  698. 23:17lifestyle. So, similar to what you're
  699. 23:18seeing today, like a lot of these
  700. 23:20retro tech, you know, that's what we
  701. 23:22call it. It's like
  702. 23:24they seem like they're relevant for
  703. 23:25today because they were ahead of their
  704. 23:26time when they released.
  705. 23:28And now they seem like they
  706. 23:30>> seem new.
  707. 23:30>> Everything's cyclical.
  708. 23:32>> But it's retro and exactly that's
  709. 23:33exactly right. It's it's it's all
  710. 23:34cyclical. I think such a good thing to
  711. 23:36look at, ironically I talked to Colin
  712. 23:38about this and I've done that with with
  713. 23:40with my core brand is
  714. 23:42looking at these like kind of tertiary
  715. 23:44brands, it's a great way to get your
  716. 23:46start. Like Diadora is a great example.
  717. 23:48>> Yeah.
  718. 23:48>> Like Reebok was obviously distressed,
  719. 23:50ABG bought it, now they're coming back.
  720. 23:52That's an example. I think ASICS was
  721. 23:54like your crowning jewel where it's like
  722. 23:56you're kind of just getting started and
  723. 23:58it's a perfect partnership where it
  724. 24:00makes sense for both of you guys. I
  725. 24:02think for brands out there, you got to
  726. 24:03look at that. Like Puma at one point had
  727. 24:05it. Now they're obviously they're a
  728. 24:06little bit bigger now. I'd consider them
  729. 24:07kind of one of the big boys, but I think
  730. 24:09people out there need to start looking
  731. 24:10at what are those kind of
  732. 24:11secondary brands.
  733. 24:13>> Yeah.
  734. 24:14>> Fila.
  735. 24:14>> That's another one.
  736. 24:15>> Right. I mean, when when you look at the
  737. 24:17when you look at this book and you get
  738. 24:19to see
  739. 24:21the archive but also like the
  740. 24:23progression
  741. 24:26in silhouette and design
  742. 24:28through the last 15 years.
  743. 24:32You know,
  744. 24:33and and it's not only with ASICS, there
  745. 24:35are, you know, multiple brands that are
  746. 24:37on the spine of this book actually. You
  747. 24:38could see it's
  748. 24:39>> We're going to pop that up there, guys.
  749. 24:40>> Yeah. It's it's it it's
  750. 24:43it's incredible
  751. 24:45for me, like what what when we were
  752. 24:47building the second floor
  753. 24:50of our office,
  754. 24:51literally it was the second floor of the
  755. 24:52building, but it was also our second
  756. 24:54office that we built, right?
  757. 24:57Before we started building,
  758. 24:59we had this rare opportunity to have
  759. 25:01this really big space,
  760. 25:03and it's just a very long space that
  761. 25:05cuts an entire block, right?
  762. 25:08And we had a rare opportunity to lay out
  763. 25:10all of the product. So, I decided to
  764. 25:12have the archivist, his name is Jordan.
  765. 25:16I had him lay out all of our footwear
  766. 25:19from day one, and I saved almost
  767. 25:21everything.
  768. 25:22Almost everything.
  769. 25:24There were a few pairs that we had to go
  770. 25:25out and buy, but for the most part, all
  771. 25:27of the samples were saved. So,
  772. 25:28unreleased samples that people have
  773. 25:29never seen.
  774. 25:30People going to There's 1,200 unreleased
  775. 25:32samples in this book that people have
  776. 25:33never seen.
  777. 25:35So, I I was able to look at,
  778. 25:38you know,
  779. 25:39chronologically, in order, from 2011 to
  780. 25:42date, 15 years of product, and the
  781. 25:45evolution when you walk the product, and
  782. 25:48that's why
  783. 25:49this exhibit that we have, we're going
  784. 25:51to have an exhibit for this book, and
  785. 25:52it's all of the shoes, and it's called
  786. 25:54Walk the Index, because in the back of
  787. 25:56this book,
  788. 25:57there is the index to show all of these
  789. 26:00unreleased samples
  790. 26:02in the context of
  791. 26:04date, you know, the context the
  792. 26:06chronological order, I think is very
  793. 26:07important for this. So, people can see
  794. 26:09the progression. So, when I walked it,
  795. 26:12and I got to see all of my work, all of
  796. 26:14my just the footwear, the work of
  797. 26:16footwear in one space,
  798. 26:19that really blew my mind, because what
  799. 26:22blew my mind wasn't
  800. 26:24like, all of this product is so
  801. 26:26beautiful, which it is, but that's not
  802. 26:28what blew my mind. What blew my mind was
  803. 26:30how much product can evolve
  804. 26:33and still stay the same.
  805. 26:35So, like, some of these products were
  806. 26:38the same silhouettes that I worked on 15
  807. 26:40years later,
  808. 26:41but how much different the product looks
  809. 26:43today than it did then.
  810. 26:45So,
  811. 26:47you know, we we really through the
  812. 26:49years, we've been through so much, and
  813. 26:51think about all of the [ __ ] that's
  814. 26:53happened.
  815. 26:54Think about all the different presidents
  816. 26:56we've had since we started. All of the
  817. 26:58different artists that have come and
  818. 27:00gone. All the different brands that have
  819. 27:01come and gone.
  820. 27:02>> Um when I was looking through the
  821. 27:0410-year book, I was just thinking about
  822. 27:05where I was at in my life in conjunction
  823. 27:07with the product. It's very wild to
  824. 27:09think.
  825. 27:10We were saying off camera, I think
  826. 27:11there's very very few brands that it's
  827. 27:14year seven and they're thinking about
  828. 27:15what is my 10-year book like. It's year
  829. 27:1712, what is my 15-year book like?
  830. 27:19>> Yeah. It's basically not
  831. 27:20>> I don't know any other brands. Another
  832. 27:21brand is I don't know if you know George
  833. 27:22from Represent. That's the only guy I
  834. 27:23know. I think he did a decade book, but
  835. 27:25I don't know anybody else that's
  836. 27:26thinking
  837. 27:28the way that you're thinking like that.
  838. 27:29>> Yeah, I mean it took a lot to get over
  839. 27:31the hump.
  840. 27:32You know, these brands have when you
  841. 27:35start a brand
  842. 27:36there's so much of that feeling that it
  843. 27:38could all go to [ __ ] in a day.
  844. 27:40It all could all go to zero and I think
  845. 27:42COVID had everyone feeling that way. I
  846. 27:44felt like the brand was going to go away
  847. 27:46during COVID.
  848. 27:48>> Really?
  849. 27:48>> No, at the height of COVID. You know,
  850. 27:49it's it's easy to forget
  851. 27:52what COVID was. COVID was Armageddon,
  852. 27:54you know, like I was like, oh it's it's
  853. 27:56we're never going to get over this [ __ ]
  854. 27:58and
  855. 27:59you know, people are going to stop
  856. 28:00caring about product the way that they
  857. 28:02do today.
  858. 28:03Like back then I'm saying, the way they
  859. 28:05they cared about it before I would say.
  860. 28:08That's going to become less of a
  861. 28:09priority. Like now it's about family and
  862. 28:11life and death and I knew where I was
  863. 28:13emotionally. So I was like, this is
  864. 28:15going to this is going to this thing is
  865. 28:16going to topple over.
  866. 28:18And not only for the Kith brand, but in
  867. 28:19general, I felt like the category of
  868. 28:21retail was going to be in trouble, like
  869. 28:23real trouble.
  870. 28:24>> [snorts]
  871. 28:25>> And it is today, but not for the not for
  872. 28:27those reasons. But
  873. 28:29I think I I I think that
  874. 28:31what when you get to survive some of the
  875. 28:34scariest moments, it's like it's like um
  876. 28:37it's like in life sometimes you go
  877. 28:39through certain things like dramatic
  878. 28:42moments in your life where you think
  879. 28:43it's like the end all of like there's
  880. 28:45like there's no getting past certain
  881. 28:47moments where you can't see past it, you
  882. 28:49know? And it's no different for anyone
  883. 28:52who's starting a brand. You'll go
  884. 28:54through challenges where you'll feel
  885. 28:56like you're not going to be to be able
  886. 28:57to make it through it, you know? And and
  887. 28:58I've had many of those challenges.
  888. 29:00>> I don't think anybody out there
  889. 29:02listening
  890. 29:03>> Yeah.
  891. 29:03>> would guess that you had that. Outside
  892. 29:05of Outside of COVID, what's another
  893. 29:06moment in time where that you were
  894. 29:07scared that you weren't going to make
  895. 29:09payroll, you took too big of a bet? Was
  896. 29:11there any moment you can look back that
  897. 29:12you're like, "We might not make it."?
  898. 29:14>> Yeah, it was in the very beginning, you
  899. 29:16know? In the very beginning, I had those
  900. 29:18challenges. And then
  901. 29:20you know, sometimes you make certain
  902. 29:21bets. I'll give you a good example. We
  903. 29:23we had a store when we first started, we
  904. 29:25were in the Atrium store, and we were in
  905. 29:27We were on Broadway and Bleecker.
  906. 29:29I was on a 10-year lease. I was in year
  907. 29:31seven. I had 3 years left on my lease.
  908. 29:34And the traffic that we were getting,
  909. 29:35this is after Kith expanded into the
  910. 29:38Atrium space, so we had the whole
  911. 29:39corner.
  912. 29:41I used to get up So, I lived downtown at
  913. 29:43the time in the financial district. And
  914. 29:46I used to get off the train,
  915. 29:48the 6 train, on Bleecker and look up and
  916. 29:50see this beautiful building on
  917. 29:51Lafayette.
  918. 29:52And at the time, and this is going to be
  919. 29:54hard for people to understand,
  920. 29:57above Houston, on Lafayette, not below
  921. 29:59Houston, cuz I know what people are
  922. 30:00going to think when I say that,
  923. 30:02above Houston,
  924. 30:05there wasn't a [ __ ] soul walking on
  925. 30:07that block
  926. 30:09where that building was.
  927. 30:10And I remember feeling like the traffic
  928. 30:13that we were getting on Broadway and
  929. 30:14Bleecker,
  930. 30:1550% of the traffic was not the relevant
  931. 30:19traffic to the brand. They were just
  932. 30:20walking in and it was like
  933. 30:22this traffic from Broadway that I didn't
  934. 30:25love.
  935. 30:26It was just like people who were walking
  936. 30:27in and out of the space
  937. 30:29that I felt stopped us from being able
  938. 30:32to focus on one customer at a time.
  939. 30:35So, I wanted the space I wanted the
  940. 30:38brand to be like more of a destination.
  941. 30:39So,
  942. 30:41walking out of And this is a great story
  943. 30:42cuz I've never told this, but walking
  944. 30:44out of off the 6 train and seeing this
  945. 30:46building,
  946. 30:47that building, if you pull up pictures
  947. 30:49of 337,
  948. 30:50you know, Lafayette,
  949. 30:52it was like
  950. 30:53I think that, you know, there were a
  951. 30:54couple of there were eight different
  952. 30:56businesses being run in this building.
  953. 30:58And some of them were like I I I
  954. 31:00remember, you know, I think certain
  955. 31:02people got locked up cuz they were
  956. 31:03running like a sweatshop out of there,
  957. 31:05you know?
  958. 31:06And and and the facade of the building,
  959. 31:08it looked like the thing was going to
  960. 31:09[ __ ] crumble. And I used to say, this
  961. 31:12is the perfect [ __ ] space. If I ever
  962. 31:14get this building, this is going to be
  963. 31:16where I place the brand.
  964. 31:18So, 7 years later, I get a call about
  965. 31:21the building,
  966. 31:22right?
  967. 31:23And the opportunity was for us to get
  968. 31:25into that building and they would
  969. 31:26rebuild the space for me to sign a
  970. 31:29longer like a long lease on it, which
  971. 31:31would mean that I had to break the lease
  972. 31:33where I was, pay to break the lease,
  973. 31:36take
  974. 31:37Oh, and we were successful, very
  975. 31:38successful in the space on Broadway and
  976. 31:40Bleecker.
  977. 31:41I would have to break that lease,
  978. 31:44interrupt the successful business where
  979. 31:46I was getting a lot of traffic,
  980. 31:48and then move to a space where there was
  981. 31:50no traffic,
  982. 31:52but it was bigger and it was its own
  983. 31:54space, meaning it was a standalone
  984. 31:55building for the brand.
  985. 31:57And I could envision what it would look
  986. 31:59like, and if you saw the building, you
  987. 32:01can never have the vision for what it
  988. 32:02can potentially look like, but I was
  989. 32:04able to like see past it and really
  990. 32:07build up this dream of what the space
  991. 32:08can feel like, right?
  992. 32:10So, we did that.
  993. 32:12And I took the space and I paid
  994. 32:15like some of the first
  995. 32:18like real money that I got to see, I
  996. 32:20paid to break a lease with that money.
  997. 32:24So,
  998. 32:25it was a huge risk and a huge gamble.
  999. 32:29And I remember
  1000. 32:31finishing building the space and I felt
  1001. 32:34and I thought this was my this was my
  1002. 32:37thought process, okay? If we were
  1003. 32:38getting 800 people a day in the old
  1004. 32:40space on Broadway and Bleecker,
  1005. 32:42the idea was for me to have 300 people
  1006. 32:44come a day and for me to measure it.
  1007. 32:46Yeah, and and hot it No, not so much the
  1008. 32:49conversion rate. It was about the
  1009. 32:50service.
  1010. 32:52What kind of relationships do we want to
  1011. 32:53have with the consumer coming in? I
  1012. 32:55wanted to maintain the the relationships
  1013. 32:57we had when I was a small space in the
  1014. 32:59back of Atrium and it was one-on-one.
  1015. 33:02We were able to build relationships with
  1016. 33:03the consumer.
  1017. 33:05Then we expanded and we were getting the
  1018. 33:06traffic coming in from Broadway, not
  1019. 33:08Bleecker.
  1020. 33:09And that changed. It changed the the
  1021. 33:10dynamic.
  1022. 33:12And I was like, okay, I want to get 300
  1023. 33:14people in the space a day. So, in the
  1024. 33:17middle of building the space, which took
  1025. 33:18a year,
  1026. 33:20longer maybe, because they they
  1027. 33:21literally took down all of the brick and
  1028. 33:24rebuilt it and had to maintain the look
  1029. 33:26of the building.
  1030. 33:28And through the process of rebuilding
  1031. 33:29it, I was I started to get like really
  1032. 33:31nervous around us being able to maintain
  1033. 33:34the traffic I needed to even break even.
  1034. 33:37>> And for context too, this is obviously
  1035. 33:38you're reinvesting in the brand to
  1036. 33:40start. This is finally you maybe took
  1037. 33:41some chips off the table and now you're
  1038. 33:43re-putting those chips back in to take
  1039. 33:44this big bold bet.
  1040. 33:45>> I never took the chips off the table.
  1041. 33:47They By the way, and this is something
  1042. 33:48that people should know,
  1043. 33:51I've never taken the chips off the
  1044. 33:52table.
  1045. 33:53The only way we've gotten to be as big
  1046. 33:55as we are is I've always put the chips
  1047. 33:58back in.
  1048. 33:59I've been fortunate enough where I made
  1049. 34:02investments early on. Now, yeah, I I I
  1050. 34:04make a paycheck, right? But in terms of
  1051. 34:07a profit share, all of the profit has
  1052. 34:09gone back into the company. That's how
  1053. 34:11we've been able to grow.
  1054. 34:12>> That's a nice balance sheet. I know that
  1055. 34:13balance sheet looking nice.
  1056. 34:14>> Yeah, so so the the capex yearly for us
  1057. 34:18in building these stores and building
  1058. 34:19offices and, you know, our expenses are
  1059. 34:22are
  1060. 34:23it's substantial, right? And and I'm
  1061. 34:25proud to say that we've been able to do
  1062. 34:27it self-funded, right? So,
  1063. 34:30pouring the money back into the business
  1064. 34:32here, building this building, and then
  1065. 34:34before opening the building, I was like
  1066. 34:36I was petrified that we wouldn't have
  1067. 34:38the traffic. So, here's an example of
  1068. 34:39like where I thought we wouldn't make
  1069. 34:41it.
  1070. 34:42But, the second month after we opened,
  1071. 34:45I was already getting the same traffic
  1072. 34:47we did on Broadway in a space that was
  1073. 34:49supposed to get literally I wanted a
  1074. 34:51third of the traffic. Now, we're getting
  1075. 34:53the same traffic, and then from there
  1076. 34:55we've surpassed the traffic that we were
  1077. 34:57getting on Broadway.
  1078. 34:59And that that was changing literally
  1079. 35:02changing human behavior for people to
  1080. 35:04walk north of Houston on Lafayette.
  1081. 35:08I was really worried about that. And and
  1082. 35:10honestly that move in that specific
  1083. 35:12location in that building is what helped
  1084. 35:14the brand grow. Without that location,
  1085. 35:16without that global flagship, I don't
  1086. 35:18think it is what it is today.
  1087. 35:20>> Yeah, I think so many people had a
  1088. 35:21missed
  1089. 35:23They underestimate having the wrong
  1090. 35:25person where your stuff or being in the
  1091. 35:26wrong look it could be the
  1092. 35:28it could do the complete opposite for
  1093. 35:29you.
  1094. 35:30>> Yeah.
  1095. 35:30>> I forgot which brand, they actually paid
  1096. 35:32like the situation from Jersey Shore to
  1097. 35:34wear the competitors brands.
  1098. 35:35>> Oh, [ __ ]
  1099. 35:36>> So, I feel like maybe you were getting
  1100. 35:37just the wrong customer or not you know,
  1101. 35:38so you moved.
  1102. 35:40>> Yeah, and it wasn't it wasn't
  1103. 35:41necessarily the wrong customer, and and
  1104. 35:43that's not the way we thought about it.
  1105. 35:44It was the the inability to build
  1106. 35:47relationships with the customer. But,
  1107. 35:49when you think about opening a location
  1108. 35:50where it becomes destination on
  1109. 35:52Lafayette cuz there was no walking
  1110. 35:53traffic there.
  1111. 35:55Really, there was no walking traffic
  1112. 35:56between Bleecker and and Great Jones.
  1113. 35:59>> You sound like Grotman with Miami. He
  1114. 36:01took a bet on some kind of adjacent
  1115. 36:02neighborhood early.
  1116. 36:04>> Yeah.
  1117. 36:04>> And it paid off huge.
  1118. 36:05>> Yeah, I mean look, this was still one
  1119. 36:07block away from or two blocks away you
  1120. 36:09could say with Crosby.
  1121. 36:11>> is is a lot in New York.
  1122. 36:13>> It is, but but but my my the point of
  1123. 36:15the story is in saying this is like
  1124. 36:18the challenges that you need to overcome
  1125. 36:22typically you know, in becoming a
  1126. 36:23successful business
  1127. 36:26you're going to need to be
  1128. 36:26uncomfortable.
  1129. 36:28And you're going to need to throw up a
  1130. 36:29few times.
  1131. 36:30And I did.
  1132. 36:32And I've had sleepless nights,
  1133. 36:34you know,
  1134. 36:35and my my wife can attest to this. She's
  1135. 36:37been like my guardian angel. Also,
  1136. 36:39without her, I don't think any of this
  1137. 36:41is possible, too, cuz you need you need
  1138. 36:43the support emotionally to get through a
  1139. 36:44lot of the [ __ ] And I've been through a
  1140. 36:46lot. And I I think that and I've had
  1141. 36:48this conversation with multiple people,
  1142. 36:49you know, some one of my favorite people
  1143. 36:51to speak to
  1144. 36:52about [ __ ] that's going down and
  1145. 36:56what I currently am thinking at the time
  1146. 36:57is Marcus Troy.
  1147. 36:59He's one of my favorite people and he's
  1148. 37:00a
  1149. 37:01>> Imagine since the beginning.
  1150. 37:02>> great artist.
  1151. 37:04Been you know, he's he's been a friend
  1152. 37:06since the very very beginning and knows
  1153. 37:08me before I started Kith.
  1154. 37:10And that's someone that will keep me
  1155. 37:12honest and also give me his opinion that
  1156. 37:14really matters.
  1157. 37:15>> That's right. That's the blog OG.
  1158. 37:17>> Yeah. And and be and be level-headed,
  1159. 37:19you know, and and I think that
  1160. 37:22>> [sighs]
  1161. 37:22>> you know, it's a conversation that I
  1162. 37:25have
  1163. 37:26I've had multiple times with a few
  1164. 37:27people recently on how the end result of
  1165. 37:31what we do makes it look too easy.
  1166. 37:34Or it's too Sometimes it looks
  1167. 37:38polished in a way and that's what we do.
  1168. 37:41Like we're so interested in giving you
  1169. 37:43the best
  1170. 37:45content around product where the product
  1171. 37:48looks
  1172. 37:50we maximize the potential what it could
  1173. 37:52look like.
  1174. 37:53And the problem with that sometimes
  1175. 37:55it's not a problem. It's just it's just
  1176. 37:57the bystandard of it that
  1177. 38:00we make it look easy because you don't
  1178. 38:02see the struggle and the challenges it
  1179. 38:04takes
  1180. 38:05to to get from ideation to completion.
  1181. 38:09And there's so many hands,
  1182. 38:11you know, like when I'm in the in the
  1183. 38:12design meeting today,
  1184. 38:15you know, and the kind of people
  1185. 38:18the positions that are
  1186. 38:20involved in bringing product from A to
  1187. 38:23Z.
  1188. 38:24It's
  1189. 38:26it's massive. It's like, you know,
  1190. 38:27thinking about from design direction,
  1191. 38:31which is me, to designer, to assistant
  1192. 38:33designer, to production, to development,
  1193. 38:36to merchandising,
  1194. 38:38to you know, and from the production
  1195. 38:40side you have then logistics.
  1196. 38:43It becomes layered, but it doesn't it
  1197. 38:45doesn't impact
  1198. 38:47the creativity around the product. What
  1199. 38:49it does is it impacts
  1200. 38:51how complex it can be to ship product
  1201. 38:54globally, to make product in time for a
  1202. 38:57season globally. How many sample rounds
  1203. 38:59will you see? How many times do we get
  1204. 39:01to fit the product? Like, how many times
  1205. 39:04will we get to change or will we get to
  1206. 39:06change not how many times, but will we
  1207. 39:07get to change the fabric once we see the
  1208. 39:09fit?
  1209. 39:11So, there there's
  1210. 39:14countless hours and energy and time
  1211. 39:18being committed by so many people at the
  1212. 39:19brand to deliver this product. But the
  1213. 39:22what people see is the finished you
  1214. 39:25know, is the finished product in the
  1215. 39:27content rollout, which we spend also a
  1216. 39:30lot of time and energy on,
  1217. 39:32where people forget that it takes this
  1218. 39:34much work to get it done. And it does
  1219. 39:36take a lot of work. Like, people will
  1220. 39:37look at a hoodie or a T-shirt and think,
  1221. 39:41okay, like they put a logo on a [ __ ]
  1222. 39:44hoodie. And no, man, like no, like if
  1223. 39:48you look at for I'll give you an
  1224. 39:49example. If you look at the sun faded
  1225. 39:51hoodie that we just released for for the
  1226. 39:52Yankees or we're we're releasing this
  1227. 39:54week, but by the time this comes out it
  1228. 39:55would have released. The process that it
  1229. 39:58took to get that right, there's six
  1230. 40:00samples
  1231. 40:02in the process of getting that fade to
  1232. 40:05look right. So, it doesn't look blotchy,
  1233. 40:07so the color is perfect, so the
  1234. 40:09embroidered logo is perfect, so the fit
  1235. 40:11is perfect. It's like people assume that
  1236. 40:14it's just like do this and that and get
  1237. 40:17X in return. But it's
  1238. 40:20way more complex than that even with the
  1239. 40:22more simple blocks and product that
  1240. 40:26people
  1241. 40:28take for granted.
  1242. 40:29>> Yeah, there's a massive team in each one
  1243. 40:30of those kind of sub-buckets.
  1244. 40:31>> Not even about the thrills, silhouettes,
  1245. 40:33the fit, everything. Not only about the
  1246. 40:34team which is super important, just the
  1247. 40:36amount of steps and hours it takes to
  1248. 40:39make a product and a garment and a
  1249. 40:41a
  1250. 40:42a and a sock or tea like it's
  1251. 40:45it's not a
  1252. 40:48you know, here's a block, apply this
  1253. 40:50fabric in this color and and call it a
  1254. 40:52day. Even when you apply and this is by
  1255. 40:54the way, I'll give you a little 101.
  1256. 40:56Some of the biggest brands in the world
  1257. 40:58you'll go into that brand whether it's a
  1258. 41:00fashion house or or a store in the mall.
  1259. 41:04Doesn't matter. From from the lowest to
  1260. 41:06the highest in terms of price point.
  1261. 41:08You'll walk in and you'll try a shirt
  1262. 41:09on.
  1263. 41:11And it won't fit you.
  1264. 41:14And then you'll say, "Oh, it's just it's
  1265. 41:15not made for my body type. That's why it
  1266. 41:17doesn't fit." But no, that's not true.
  1267. 41:20At some point, that body in that block,
  1268. 41:23let's say the name of the style is
  1269. 41:25Henry. You're trying on a Henry
  1270. 41:27button-down. That's what it's called.
  1271. 41:30At one point, that Henry block fit.
  1272. 41:33But they changed the fabric. And when
  1273. 41:35they changed the fabric, they didn't
  1274. 41:36refit it.
  1275. 41:38So, you know, if if you take a heavier
  1276. 41:40fabric, all of a sudden that piece is
  1277. 41:42going to lay different on you.
  1278. 41:44And I'm telling you for a fact that
  1279. 41:47a big percentage of the brands don't
  1280. 41:50refit with different fabrics and they
  1281. 41:52use the same block. It happens a lot.
  1282. 41:55We don't skip those steps.
  1283. 41:57You know, and I'm such I'm such a
  1284. 41:58stickler for this [ __ ] and
  1285. 42:01you know, I I've also been the fit model
  1286. 42:03for so many years.
  1287. 42:04>> going to mention that. That's [ __ ]
  1288. 42:05psycho.
  1289. 42:06>> I spend, you know,
  1290. 42:08I'm I I've now and this is when within
  1291. 42:10the last year, I've taken a step back
  1292. 42:13from fitting every product. I still fit,
  1293. 42:16but I don't fit every single men's
  1294. 42:18product. But I would fit 4 hours a week.
  1295. 42:213 to 4 hours a week. It got to the point
  1296. 42:24where like I was spending
  1297. 42:26so much time on it that
  1298. 42:29it was affecting everything else I was
  1299. 42:30doing. So, but my point is for years,
  1300. 42:33I'm talking about for 13 to 14 years of
  1301. 42:36our 15-year existence,
  1302. 42:38there was a consistent eye on the fit of
  1303. 42:41every single SKU we put out.
  1304. 42:43So, when when you walk in to a Kith
  1305. 42:45store
  1306. 42:46and you're trying on the product, and
  1307. 42:48obviously there are some products that
  1308. 42:50are meant to fit slimmer and some that
  1309. 42:52are meant to fit cropped, but
  1310. 42:54every product that you see there
  1311. 42:57has been fit for the fabric.
  1312. 42:59And that is something that a lot of
  1313. 43:00brands skip on.
  1314. 43:01>> Yeah, people don't, you know, if it's
  1315. 43:0350/50 cotton poly or 70/30, it's a
  1316. 43:05completely different drape on the body.
  1317. 43:07>> Yeah, but yeah, but also you'll apply
  1318. 43:09like an Oxford to a shirt and then
  1319. 43:10change it to wool and not refit it
  1320. 43:13because you know that the block worked
  1321. 43:14for you before.
  1322. 43:16So, a lot of these brands are taking
  1323. 43:17shortcuts. That's the thing is like
  1324. 43:18that's what I mean by
  1325. 43:21you know, so many people don't realize
  1326. 43:23the amount of work that we put in and
  1327. 43:25love and time and and a tender loving
  1328. 43:27care into product is everything, man.
  1329. 43:29>> A lot of passion in his eyes there. I
  1330. 43:30saw it through the glasses. There were
  1331. 43:31tender loving care.
  1332. 43:32>> Yeah. And by the way, I have a
  1333. 43:33sensitivity to light, which is why I
  1334. 43:35always wear sunglasses, which people
  1335. 43:37[ __ ] you know, have a lot to say
  1336. 43:39about that.
  1337. 43:40>> no issues, bro. Love your life, bro.
  1338. 43:41>> No, thank you, man. Stay comfy over
  1339. 43:43there. That's what I'm saying. [ __ ] you.
  1340. 43:45>> Ronnie Fieg, margin profile, top-down or
  1341. 43:47bottom-up? Is it just build the best
  1342. 43:50[ __ ] and then I need to hit this margin
  1343. 43:52profile for the MSRP?
  1344. 43:53>> No, it's it's a lot simpler than that.
  1345. 43:55Yeah. Give people more than what they
  1346. 43:56pay for.
  1347. 43:57That's the motto.
  1348. 43:59So, like for example, if we feel like we
  1349. 44:01could sell a product for
  1350. 44:05double what
  1351. 44:07I could sell it for. I won't do it just
  1352. 44:10cuz I could.
  1353. 44:12So,
  1354. 44:13it's this is and this has a lot to do
  1355. 44:15with this is a merchandising exercise
  1356. 44:17and I have someone who's been with me
  1357. 44:18for a long time. His name is Alex. He's
  1358. 44:20great at what he does. We sit down with
  1359. 44:22every single item. I'm [clears throat]
  1360. 44:23still doing the buy. Like I'm
  1361. 44:28I'm I'm sitting down for like
  1362. 44:31at times it could be 4 hours, 5 hours a
  1363. 44:33week where I'm buying the product,
  1364. 44:35looking at the product, pricing the
  1365. 44:36product. So, during the buy we go
  1366. 44:38through the pricing.
  1367. 44:39And we're deciding like what what
  1368. 44:42the garment should cost based on the
  1369. 44:44cost of the goods, you know?
  1370. 44:46But the goal always in every product
  1371. 44:48that we make is to give the consumer
  1372. 44:50more than what they pay for.
  1373. 44:52Now, some consumers
  1374. 44:55they have a skewed perception as to what
  1375. 44:57things should cost.
  1376. 44:59And that has to do with
  1377. 45:01what they're seeing from fast
  1378. 45:04you know, fast fashion or other
  1379. 45:06retailers that are selling product for a
  1380. 45:09lot less based on A, the quantity that
  1381. 45:12they're buying and B, the fit and the
  1382. 45:13quality of the fabrics. Like there's a
  1383. 45:15lot that goes into it. So, a t-shirt is
  1384. 45:18not a t-shirt and a hoodie is not a
  1385. 45:19hoodie. And I give you the lowest form
  1386. 45:21of of of product to understand what I'm
  1387. 45:23saying.
  1388. 45:24>> your your tees are heavyweight. Like
  1389. 45:25that you know, they're not little crap
  1390. 45:27All Style 1301s. Like it's legit.
  1391. 45:29>> And it's not only about the fabric
  1392. 45:31weight. It's also about the construction
  1393. 45:33of the of the of the product, too. And
  1394. 45:35where the product is made. You know, so
  1395. 45:38a lot of our products a lot of our
  1396. 45:39t-shirts come from Peru and a lot of our
  1397. 45:42fabrics are very expensive. And I like
  1398. 45:44the hand feel of these of of a lot of
  1399. 45:46the t-shirts that we make because
  1400. 45:49you know, Peruvian cotton is amazing,
  1401. 45:50but also we don't only make t-shirts in
  1402. 45:52Peru.
  1403. 45:53For some of the t-shirts that we make in
  1404. 45:55Asia, in China, the washes are very
  1405. 45:58important, too. And people have this
  1406. 45:59misconception about China. Like,
  1407. 46:02China makes amazing product. Amazing
  1408. 46:06product, you know? And
  1409. 46:08China has the capabilities of making
  1410. 46:11products that a lot of other countries
  1411. 46:12don't have.
  1412. 46:13You know, so
  1413. 46:15this misconception around where the
  1414. 46:17product is made. There are great
  1415. 46:19factories in a lot of these countries
  1416. 46:21that may you know, be perceived as a
  1417. 46:24less expensive make. But it's it's all
  1418. 46:27about quality control, the fabrics that
  1419. 46:30you're using, the construction. Like,
  1420. 46:31there's a lot more that goes into it.
  1421. 46:33It's like people that talk about
  1422. 46:35product the end result of product, but
  1423. 46:37not understanding what goes into it. You
  1424. 46:39know, when I was when I was younger
  1425. 46:41at David Z and we were working on the
  1426. 46:43Sebago product. I flew to DR where the
  1427. 46:46product was made to learn and I spent 3
  1428. 46:49weeks in the factory.
  1429. 46:51Going from one station to the next and
  1430. 46:54literally spending the time with the
  1431. 46:56factory employees to learn how to make
  1432. 46:58the footwear. I spent 3 weeks
  1433. 47:01learning how to make it and then working
  1434. 47:03on the line in each one of the lines
  1435. 47:06which were doing, you know, they they
  1436. 47:07have served different purposes. One is
  1437. 47:09like stitching the upper. The other one
  1438. 47:12is cementing the upper to the sole. The
  1439. 47:15other line is literally hand sewing the
  1440. 47:17mock stitch. So,
  1441. 47:19I got to learn
  1442. 47:21the process of making a shoe from A to
  1443. 47:23Z.
  1444. 47:25I can make a shoe from A to Z given the
  1445. 47:27right machinery.
  1446. 47:29>> Ronnie the cobbler. Let's go.
  1447. 47:30>> Yo, but but the problem is like I could
  1448. 47:32speak to it cuz I know it.
  1449. 47:33>> Yeah.
  1450. 47:34>> Right? The problem becomes when people
  1451. 47:35speak to to product and they don't know
  1452. 47:37how the product is made.
  1453. 47:39And today, you could learn about that.
  1454. 47:41>> Dude, it's so crazy. Like, people don't
  1455. 47:43understand like a simple t-shirt.
  1456. 47:45>> Yeah.
  1457. 47:45>> Like, you could give a silhouette that
  1458. 47:47you like, go in and like you know what
  1459. 47:49they do? They it's like the Manila
  1460. 47:51folder that thing and they and they
  1461. 47:52outline it. Like, I've gone in and like
  1462. 47:54built my own t-shirts.
  1463. 47:56>> Yeah.
  1464. 47:57>> It's not that hard to start to get kind
  1465. 47:59of down the initial stuff. It's a lot of
  1466. 48:00fun. That's a great piece of advice for
  1467. 48:02people out there to to take is like
  1468. 48:05think about how much you learned in
  1469. 48:07those 3 weeks in that factory.
  1470. 48:09>> You You know there's a store in Japan in
  1471. 48:12in Tokyo
  1472. 48:13that only sells white t-shirts.
  1473. 48:17And there's a thousand different bodies
  1474. 48:20of a white t-shirt.
  1475. 48:21>> That's that idea that guy had. I'm a I'm
  1476. 48:23a silhouette guy, bro.
  1477. 48:24>> Yeah, so so
  1478. 48:26>> Can you shout out the name of that
  1479. 48:26store?
  1480. 48:27>> I don't I don't know the name. Someone
  1481. 48:28Someone Someone was telling me about it
  1482. 48:30and it's like my closet.
  1483. 48:33Like when I go and I start shopping
  1484. 48:36reference shopping and I go vintage
  1485. 48:38shopping and I also I want to understand
  1486. 48:40the market also for and you have to to
  1487. 48:43know where you sit the context of where
  1488. 48:44you sit and what we do. If you look at
  1489. 48:47And Kin, which is our more elevated
  1490. 48:49price point, more expensive fabrics,
  1491. 48:52we have like
  1492. 48:55five different fits of t-shirts.
  1493. 48:58>> I got to look into this. I don't know
  1494. 48:59about this.
  1495. 48:59>> Yeah, so so you could really like geek
  1496. 49:02out and your favorite you could go to
  1497. 49:04the store and that's what I would
  1498. 49:05recommend is going to the store and
  1499. 49:07trying on all these different fits and
  1500. 49:09their different weights, too.
  1501. 49:11I'm wearing one of them today under this
  1502. 49:12jacket and
  1503. 49:14I obsess I obsess over that and and
  1504. 49:17those are the things
  1505. 49:19and people are going to watch and
  1506. 49:20probably think to themselves like a
  1507. 49:21t-shirt's a [ __ ] t-shirt. I'll go to
  1508. 49:23[ __ ] Uniqlo.
  1509. 49:24>> You're talking to the wrong
  1510. 49:25>> I'm with you on that, man. I'm searching
  1511. 49:26right now for a good wide semi-crop
  1512. 49:29right now.
  1513. 49:29>> There There you go.
  1514. 49:30>> I can't really find it.
  1515. 49:31>> Live can you please send him the LXD?
  1516. 49:34>> yeah, we got to we got to talk about
  1517. 49:35that.
  1518. 49:35>> Send him the Send him the white pima
  1519. 49:37pima cotton LXD.
  1520. 49:39>> Is that from Peru? The pima Peru?
  1521. 49:41>> Yeah, you're going to you're going to
  1522. 49:42like that.
  1523. 49:42>> Nice.
  1524. 49:43>> You're going to like that.
  1525. 49:44>> We're going to pop them up and give them
  1526. 49:45a shout.
  1527. 49:46>> Yeah, there you go.
  1528. 49:47>> All I care about is the silhouette and
  1529. 49:49just make sure the wash is good after
  1530. 49:50the fact.
  1531. 49:51>> Yeah.
  1532. 49:51>> Yeah.
  1533. 49:52>> Yeah, and and and I that's why that's
  1534. 49:53why I travel to Japan a lot, and that's
  1535. 49:56>> Please give them game on Japan cuz I
  1536. 49:57just went to Tokyo for the first time.
  1537. 49:59Holy [ __ ] What was I doing with my
  1538. 50:02whole existence?
  1539. 50:03>> I'm looking at buying a space there now,
  1540. 50:05like
  1541. 50:06buying an apartment there. Um
  1542. 50:09>> That's a that's a
  1543. 50:10tough but rational negotiation with your
  1544. 50:12wife.
  1545. 50:13>> My wife
  1546. 50:13>> the way, that's exactly what it is.
  1547. 50:15>> [laughter]
  1548. 50:15>> Dude, that that's
  1549. 50:16My wife, she loved it. She got sick.
  1550. 50:18Actually, we're going to go back soon.
  1551. 50:19>> Yeah, just There's a couple blocks
  1552. 50:21there. I don't know the names of the
  1553. 50:22blocks.
  1554. 50:23>> Sure.
  1555. 50:23>> We spent so much time in there.
  1556. 50:26>> Yeah.
  1557. 50:26>> It is incredible.
  1558. 50:27>> It's It's my It's my happy place. You
  1559. 50:29know, Junya
  1560. 50:31has gotten to show me You know, Junya is
  1561. 50:33my best friend. He's the director of the
  1562. 50:34business out there in Japan.
  1563. 50:37I know him for
  1564. 50:3917, 18 years now, and I've gotten You
  1565. 50:42know, I'm lucky enough to have
  1566. 50:44a friend who really takes care of me
  1567. 50:46when I go there and shows me things that
  1568. 50:48I've never seen before and sets up my
  1569. 50:51itinerary and you know, I I get to see
  1570. 50:53it through his eyes, which is, I think,
  1571. 50:56so important when you go there is to
  1572. 50:57have the right person to, you know, to
  1573. 50:59show you around.
  1574. 51:01But it really it taught me
  1575. 51:03It made me such a more purposeful
  1576. 51:06collector.
  1577. 51:08And
  1578. 51:10there's so many things that I collect
  1579. 51:12that I don't talk about
  1580. 51:14or show people because I do it for
  1581. 51:16myself, and it really
  1582. 51:17>> Name just a couple.
  1583. 51:20You're not a golf guy. I I know
  1584. 51:22you're a watch guy.
  1585. 51:23>> No, I I am a watch guy. I I'm obviously,
  1586. 51:25and people have seen my collection in my
  1587. 51:27my car collection
  1588. 51:29with the BMWs that I've gotten very
  1589. 51:31obsessive over.
  1590. 51:32But I also
  1591. 51:34I'm one of the biggest footwear
  1592. 51:35collectors in the world,
  1593. 51:37you know? And and that started at a very
  1594. 51:39young age
  1595. 51:40since '95. But
  1596. 51:42I do it I do it for me. You know, I'm
  1597. 51:44still buying on average probably six to
  1598. 51:46eight pairs of shoes on eBay a week.
  1599. 51:49And and it's and it's product from like
  1600. 51:51the early 2000s, DS.
  1601. 51:53>> What's the latest shoe that you bought
  1602. 51:54that you're excited about?
  1603. 51:56>> I just bought a pair two pairs of Croc
  1604. 51:59Roshe at HTM's, Air Force 1's.
  1605. 52:02>> Nice.
  1606. 52:02>> There's a white pair and a brown pair
  1607. 52:05that I bought. I had multiple people
  1608. 52:06looking for them. So, I actually might
  1609. 52:08buy another set now. I already own a
  1610. 52:10set. So, I bought a second set like and
  1611. 52:13these are things that I just I I I need
  1612. 52:15to have because it it
  1613. 52:18represents
  1614. 52:20a time
  1615. 52:22that I think helped build
  1616. 52:24a category or you know
  1617. 52:27a culture.
  1618. 52:28The time that helped literally build a
  1619. 52:30culture.
  1620. 52:31And I don't buy it for value and I don't
  1621. 52:34buy it to ever think I'm going to sell
  1622. 52:36it. It's a weird thing because I don't
  1623. 52:38buy it to wear them because a lot of
  1624. 52:40these products you can't even wear
  1625. 52:41anymore.
  1626. 52:42It's a strange
  1627. 52:44it's a strange hobby that I have that I
  1628. 52:46have to just
  1629. 52:47>> You have like a museum set up though? Is
  1630. 52:48it aesthetically as beautiful
  1631. 52:49>> No, I have No, it's it's it's a it's a
  1632. 52:51couple of storage units. Um
  1633. 52:55>> That's Ronnie's weakness. He's hoarding
  1634. 52:56the shoes in the storage units. Those
  1635. 52:57storage units will get you, too. They
  1636. 52:59will mentally bump that price up.
  1637. 53:01>> Yes, they did. And and then I had to
  1638. 53:02temperature control it and all that. But
  1639. 53:04like honestly, it's what makes me who I
  1640. 53:06am, I would say.
  1641. 53:08You know, and and I'm I'm really a
  1642. 53:10product of that
  1643. 53:12environment back then.
  1644. 53:14And I'm trying to carry that torch
  1645. 53:15forward. You know, I'm trying I'm trying
  1646. 53:17to do what I can and I have a couple of
  1647. 53:18projects lined up that I think will
  1648. 53:21speak to that era more than anything in
  1649. 53:24the past decade
  1650. 53:25to really shine through because
  1651. 53:28things have gotten a little muddy
  1652. 53:31in the category.
  1653. 53:33>> And By category you mean footwear?
  1654. 53:35>> Yeah, I I would say like
  1655. 53:37for special footwear, I think a lot of
  1656. 53:38people are buying products for the wrong
  1657. 53:40reasons and
  1658. 53:42I want to bring substance back to
  1659. 53:44product
  1660. 53:45in a way where,
  1661. 53:47you know, people start
  1662. 53:49And And there are elements of that. I
  1663. 53:50can't speak to it now, but there are
  1664. 53:52ways that we are
  1665. 53:54We're spending a lot of time thinking
  1666. 53:55about how to create
  1667. 53:58community
  1668. 54:00with of like-minded individuals to buy
  1669. 54:02products for the right reasons and care
  1670. 54:03about products for the right reasons,
  1671. 54:05and I just want I want people to get
  1672. 54:07back to that mindset where they're
  1673. 54:09buying it for themselves and not for
  1674. 54:10anything else.
  1675. 54:12>> I want to round out the product side
  1676. 54:13with just a very simple question on both
  1677. 54:15the footwear side and then let's just
  1678. 54:16call it the garment side. Let's just say
  1679. 54:18there's a guy out there that wants to
  1680. 54:19get your attention. He's doing $3
  1681. 54:21million a year. May- Maybe it's footwear
  1682. 54:22or maybe it's apparel. He chose you.
  1683. 54:24>> Yeah.
  1684. 54:25>> The shoe.
  1685. 54:26What are the first three things you look
  1686. 54:28at? What are you evaluating on the shoe
  1687. 54:29side and the garment side? Cuz I know
  1688. 54:31you're meticulous and psycho on the
  1689. 54:32details.
  1690. 54:33>> I am. It depends on the brand for what
  1691. 54:35I'd look for, right? Cuz I think
  1692. 54:37different brands serve different
  1693. 54:38purposes of the end result and the
  1694. 54:41emotion that you're supposed to have
  1695. 54:42towards product.
  1696. 54:44How true to the DNA Like how
  1697. 54:47How true are they to the DNA of the
  1698. 54:49brand?
  1699. 54:50Like did you try to make
  1700. 54:53one brand
  1701. 54:55appear as another brand?
  1702. 54:57Did you try to over like
  1703. 54:59>> Embed your DNA with their DNA?
  1704. 55:01>> Yeah. Or Or Or like, you know,
  1705. 55:03overshadow. Did you try to overshadow
  1706. 55:06their the DNA of what makes that brand
  1707. 55:08special or what made you like that brand
  1708. 55:10in the first place?
  1709. 55:12Right? So, some people over design and
  1710. 55:14that becomes an issue where
  1711. 55:17it might look familiar, but you're not
  1712. 55:18getting enough of the brand in return.
  1713. 55:22And I think that with the amount of
  1714. 55:24brands that I've been able to work with,
  1715. 55:27my love for those brands
  1716. 55:30need to be evident in the product that I
  1717. 55:32build.
  1718. 55:34Right? So, like
  1719. 55:35>> How much of it does it have to be kind
  1720. 55:37of embedded in the product versus in the
  1721. 55:39storytelling and content and
  1722. 55:40go-to-market around it?
  1723. 55:41>> I think it's both. You know, I think
  1724. 55:43today
  1725. 55:44and things have changed, you know, like
  1726. 55:46times have changed, but
  1727. 55:48what I would say, I think in today's
  1728. 55:50world, 50% of the reason people buy
  1729. 55:53anything is the product and then the
  1730. 55:55other 50% is is the storytelling and the
  1731. 55:57content around the product. You know, I
  1732. 55:59walked into a store
  1733. 56:01I I would say I buy product
  1734. 56:03100% of the time
  1735. 56:06for 100% of the product.
  1736. 56:08Anything else
  1737. 56:10is complementary and is a cherry on top,
  1738. 56:12but
  1739. 56:13I walked into a store
  1740. 56:15I just came back from Portland last week
  1741. 56:17and I walked into a store called Machus,
  1742. 56:19which is a great store out there.
  1743. 56:21>> It's been there a long time out there,
  1744. 56:22right?
  1745. 56:22>> it's been there it's been there a long
  1746. 56:23time and they're great. I thought that
  1747. 56:25their their shop was a breath of fresh
  1748. 56:28air for me because
  1749. 56:30I didn't know 80% of the brands that
  1750. 56:32were in there and I still spent a lot of
  1751. 56:34money and bought a lot of product for
  1752. 56:35myself. Cuz I'm still that guy. Like
  1753. 56:39I don't need to know the brand. I need
  1754. 56:41the product to be incredible.
  1755. 56:44So, I tried on a bunch of stuff and I
  1756. 56:45loved a bunch of stuff and it's still
  1757. 56:47this many years later
  1758. 56:49I still get that excited, you know,
  1759. 56:51about product that I'm seeing for the
  1760. 56:53first time, which was refreshing.
  1761. 56:54>> Is that what it's all about? Is that
  1762. 56:55like if you again I was mind-blown when
  1763. 56:58we're we're going to guys, we're going
  1764. 56:59to get into the collaborations and the
  1765. 57:00licenses shortly. When I was talking to
  1766. 57:01Austin, I thought you had this like
  1767. 57:03crazy system in place and how you kind
  1768. 57:05of go to market and he said a lot of it
  1769. 57:07is kind of feel and kind of what we
  1770. 57:09talked about earlier.
  1771. 57:10>> Who said Who said that?
  1772. 57:11>> Austin said a lot of it was was feel and
  1773. 57:12based on
  1774. 57:13>> Yeah, based on your taste and your
  1775. 57:15judgment, which you obviously talked
  1776. 57:16about earlier in the in the
  1777. 57:17conversation. So, I guess what is your
  1778. 57:20goal when someone buys a product from
  1779. 57:23you? If you had to kind of whittle it
  1780. 57:24down to is it a feeling? Is it an
  1781. 57:26emotion? Someone buys a product from
  1782. 57:28you, they open the box.
  1783. 57:29>> Well, it's meant to
  1784. 57:30>> What What is the perfect situation for
  1785. 57:31you?
  1786. 57:32>> Well, it's meant to do a few different
  1787. 57:33things. The first thing it's meant to do
  1788. 57:35is be special.
  1789. 57:37Meaning like everything that we do I
  1790. 57:41want to do in a limited
  1791. 57:43in a limited number so that when that
  1792. 57:46person that buys the product either goes
  1793. 57:48to work or goes to school
  1794. 57:50the person next to them
  1795. 57:52most likely is not wearing that same
  1796. 57:54product. Right?
  1797. 57:56So, that's one thing is scarcity will
  1798. 57:58always be a form of luxury.
  1799. 58:01And I think that a lot of these luxury
  1800. 58:03brands
  1801. 58:04>> Regardless of MSRP, too. Scarcity is
  1802. 58:06luxury.
  1803. 58:06>> Nothing Nothing to do with price.
  1804. 58:08>> Yeah.
  1805. 58:09>> Part of luxury
  1806. 58:11is knowing that you're one of a few
  1807. 58:13people that have a product. That's part
  1808. 58:15of luxury. Scarcity has always been
  1809. 58:16that. I mean, look at watches and cars.
  1810. 58:18And I That's I'm not I'm not That This
  1811. 58:20is not new. What I'm saying isn't new.
  1812. 58:23But, I think that a lot of these luxury
  1813. 58:24brands have gotten carried away and
  1814. 58:26opened too many spaces in too many
  1815. 58:28cities where they've lost the scarcity
  1816. 58:31model where a lot of the people that
  1817. 58:33were coming to some of these fashion
  1818. 58:34house stores
  1819. 58:36were feeling They felt really special
  1820. 58:38walking in because it wasn't everywhere.
  1821. 58:40So, I think a portion of why people were
  1822. 58:42buying into those products and feeling
  1823. 58:44special was the scarcity model within
  1824. 58:46these luxury brands. So
  1825. 58:49I think there's a new form of luxury now
  1826. 58:53where it's not based on the on the price
  1827. 58:55point. It's based on the emotion.
  1828. 58:57You know, so and that emotion isn't one
  1829. 58:59emotion. It's multiple.
  1830. 59:01So, first is the purpose of walking into
  1831. 59:04the space. Then, it's the product that
  1832. 59:06you're gravitating towards.
  1833. 59:08Then, it's buying the product and what
  1834. 59:10you feel afterwards. Right?
  1835. 59:13If you can get
  1836. 59:15great use out of the product. You know
  1837. 59:17what You know what a lot of people tell
  1838. 59:18me a lot of the fans of the brands are
  1839. 59:19like, "When I wear a Kith product
  1840. 59:22so many people ask me about the
  1841. 59:23product." And these are the products A
  1842. 59:25lot of these products are the ones that
  1843. 59:26are
  1844. 59:28not branded or have small branding where
  1845. 59:31they're being asked about the product
  1846. 59:33for the look and feel of the product,
  1847. 59:34not
  1848. 59:35>> That's the That's the That's the warmest
  1849. 59:36compliment for you.
  1850. 59:37>> Yeah. And And I And I And I love that.
  1851. 59:38And And by the way, it happens and I'm
  1852. 59:40I'm now in the stage of my life where
  1853. 59:42I'm not wearing a lot of logo-driven
  1854. 59:44product. So, you know, the And Kin
  1855. 59:47portion of the line is where I am
  1856. 59:48currently in my life, where the product
  1857. 59:50And Kin is not branded. It's all
  1858. 59:52unbranded. So,
  1859. 59:55my point in saying that is you need to
  1860. 59:57feel
  1861. 59:58like
  1862. 1:00:00the product is different in in more ways
  1863. 1:00:02than one.
  1864. 1:00:04You don't have anything in your closet
  1865. 1:00:05that looks and feels like it.
  1866. 1:00:07It's worth to you more than the money
  1867. 1:00:09that you spent. So, that was the idea
  1868. 1:00:11that I mentioned before is like you want
  1869. 1:00:13to make product
  1870. 1:00:15that goes above and beyond for value.
  1871. 1:00:17Value is a word that's been destroyed by
  1872. 1:00:19down-market retailers.
  1873. 1:00:21But value is so important, right? It's
  1874. 1:00:23like
  1875. 1:00:24getting more than what you pay for
  1876. 1:00:28is
  1877. 1:00:30like I feel like
  1878. 1:00:31a lost mindset. When really it's like
  1879. 1:00:34you'll figure it out. Some people figure
  1880. 1:00:36it out later. Like you got like 30 wears
  1881. 1:00:39out of a piece.
  1882. 1:00:40And then you're like, "Oh, shit."
  1883. 1:00:41>> and you're like, "Wow, this cost me like
  1884. 1:00:42a dollar per wear."
  1885. 1:00:43>> Oh, [ __ ] It's like, you know, that that
  1886. 1:00:45was actually like that was more than
  1887. 1:00:47worth what I paid for it. And you'll
  1888. 1:00:49figure it out later, right? But I'm
  1889. 1:00:51trying to give people that mindset
  1890. 1:00:53before they purchase the product. I want
  1891. 1:00:55people to think about that before they
  1892. 1:00:57purchase something. You know, and not
  1893. 1:00:58only my product. I want to get people in
  1894. 1:01:00that mindset for anything they buy.
  1895. 1:01:03Getting more than what you pay for is
  1896. 1:01:04huge. Like even for me
  1897. 1:01:07as a consumer of product today,
  1898. 1:01:10that's what I look for, no matter what
  1899. 1:01:12I'm buying.
  1900. 1:01:13I want to know
  1901. 1:01:15that I'm going to get more than what I
  1902. 1:01:17pay for the product. Like I'm I'm going
  1903. 1:01:18to get more than the money that I pay
  1904. 1:01:20pay it.
  1905. 1:01:20>> You're going to feel that and probably
  1906. 1:01:21know in the back of your head what the
  1907. 1:01:23cogs are and you're going to be like did
  1908. 1:01:24these [ __ ] jack me up?
  1909. 1:01:25>> Yeah. Like 200% mark up on this [ __ ]
  1910. 1:01:27>> But you know what?
  1911. 1:01:29It You know, it it depends on your value
  1912. 1:01:33to that product. For example, like the
  1913. 1:01:35products that I'm buying on eBay right
  1914. 1:01:36now from the early 2000s.
  1915. 1:01:37>> Oh, those are That's different.
  1916. 1:01:39>> Oh my Oh my god.
  1917. 1:01:40It's like, you know, I I can't think
  1918. 1:01:42about what it cost to make that product.
  1919. 1:01:44So, for some people
  1920. 1:01:45>> That's the scarcity.
  1921. 1:01:46>> Exactly. Exactly. So, for some people it
  1922. 1:01:49depends on what it's worth to them. How
  1923. 1:01:51much they're going to wear it, what
  1924. 1:01:52they're going to wear it with, what it's
  1925. 1:01:53going to make them feel.
  1926. 1:01:55And I try to be connected to that. I try
  1927. 1:01:57to be as connected as possible to that.
  1928. 1:02:00To make people feel great about what
  1929. 1:02:01they're purchasing. And by the way, if
  1930. 1:02:03you don't want to purchase it, that's
  1931. 1:02:04okay. It's like the the space is there.
  1932. 1:02:07Ronnie's is there. Sadel's is there.
  1933. 1:02:09Treats is there. You don't have to buy
  1934. 1:02:11an item. You could spend $7, $9 on an
  1935. 1:02:16ice cream
  1936. 1:02:17or
  1937. 1:02:1820 [snorts] bucks on a sandwich at
  1938. 1:02:20Ronnie's and
  1939. 1:02:21and feel like you're also part of the
  1940. 1:02:23world. Like it
  1941. 1:02:25I don't need people to feel like they
  1942. 1:02:26need to buy anything.
  1943. 1:02:28>> It's lethal that you have so many
  1944. 1:02:29vehicles. And guys, this is called
  1945. 1:02:31consumer surplus. It's an economic term.
  1946. 1:02:33We talk about it a lot in the Peter Hall
  1947. 1:02:34episode from David Protein. I completely
  1948. 1:02:36agree. He's obviously looking at it on
  1949. 1:02:38on like the protein bar side.
  1950. 1:02:39>> I think something also which makes this,
  1951. 1:02:41again, giving you kind of more leverage
  1952. 1:02:44and ability to think how you think, you
  1953. 1:02:46know, you talked about OPEX before is
  1954. 1:02:47you don't spend on [ __ ] marketing.
  1955. 1:02:49So, your margin profile can be
  1956. 1:02:51significantly lower.
  1957. 1:02:53>> We don't good.
  1958. 1:02:53>> We don't spit We don't Hold on. Hold on.
  1959. 1:02:55>> No, no, you don't spend on like meta.
  1960. 1:02:56>> We don't spit on We don't spend on paid
  1961. 1:02:58marketing.
  1962. 1:02:58>> Let's just Let's just talk about that
  1963. 1:02:59right now.
  1964. 1:03:00>> Yeah. Why?
  1965. 1:03:02Um because we don't have to.
  1966. 1:03:04Because we don't have to. You know, like
  1967. 1:03:06>> You could double up. That top line
  1968. 1:03:07revenue could double up.
  1969. 1:03:08>> You know, a little bit of meta, bro.
  1970. 1:03:10>> You know what? Maybe. But I'm not
  1971. 1:03:12interested in in doubling up. I'm
  1972. 1:03:15interested in people organically
  1973. 1:03:18connecting to the brand, creating their
  1974. 1:03:20own emotion to the brand, and not having
  1975. 1:03:22an emotion created for them.
  1976. 1:03:24When you're pitched your algorithm
  1977. 1:03:27with paid ads,
  1978. 1:03:28and I'm not saying it's never going to
  1979. 1:03:31happen. When there is a form that I feel
  1980. 1:03:34is authentic
  1981. 1:03:35and organic, then I will
  1982. 1:03:38I'll you know, I'll I'll do some
  1983. 1:03:40research on it and I'll I'll see if I
  1984. 1:03:41feel like it's right for me, but at the
  1985. 1:03:43time, right you know, at this time, at
  1986. 1:03:45this current moment,
  1987. 1:03:47I think that people are curious enough
  1988. 1:03:49as to what we're doing
  1989. 1:03:51that they want to know what we're doing.
  1990. 1:03:53And the minute the curiosity goes away,
  1991. 1:03:55we're going to be in we're going to be
  1992. 1:03:57in a [ __ ] load of trouble, you know, and
  1993. 1:03:58a lot of brands are lacking that
  1994. 1:04:00curiosity from the consumer.
  1995. 1:04:02>> You could argue that that's kind of the
  1996. 1:04:03first step towards the grave. It's like
  1997. 1:04:06when you go into wholesale, like when
  1998. 1:04:08you're in Bloomingdale's or Nordstrom's
  1999. 1:04:09and you go down to Zumiez or PacSun,
  2000. 1:04:11you're [ __ ] When you're in Zumiez or
  2001. 1:04:12PacSun, you go to Walmart and Target,
  2002. 1:04:13you're [ __ ]
  2003. 1:04:14>> Yeah. Then you go into Off Price, you're
  2004. 1:04:15[ __ ]
  2005. 1:04:16>> Well, you know what listen,
  2006. 1:04:17>> You have so many levers to pull that you
  2007. 1:04:19have not pulled any of these levers.
  2008. 1:04:21>> Yeah, so you know,
  2009. 1:04:23I I wouldn't
  2010. 1:04:25I wouldn't label it as [ __ ] because
  2011. 1:04:27some some
  2012. 1:04:29>> You're closer to an ABG leveraged
  2013. 1:04:31buyout, 100%. [snorts]
  2014. 1:04:33>> No, no, listen, listen. I I hear what
  2015. 1:04:35you're saying.
  2016. 1:04:36>> Yeah.
  2017. 1:04:37>> Every every brand serves a purpose, you
  2018. 1:04:40know, every founder
  2019. 1:04:42or buyer of a brand,
  2020. 1:04:44even if it's not the original founder
  2021. 1:04:45that's running the company,
  2022. 1:04:48they all will have their own path as to
  2023. 1:04:50what they're trying to achieve.
  2024. 1:04:51Some are more business-oriented and have
  2025. 1:04:54to hit a number, and some are doing it
  2026. 1:04:56for the right reasons, which I consider
  2027. 1:04:58to be passion, you know, around creation
  2028. 1:05:00of product.
  2029. 1:05:02I'm really passionate about what I do. I
  2030. 1:05:04love what I do.
  2031. 1:05:06So, my my purpose is different from
  2032. 1:05:09it needing to be about dollars and
  2033. 1:05:11cents. And this is what people
  2034. 1:05:14This is what what people need to also
  2035. 1:05:15understand listening to this. If I
  2036. 1:05:17wanted to spend
  2037. 1:05:20a fourth of what I spend on my doors on
  2038. 1:05:22my stores, I can. And the product will
  2039. 1:05:25continue to sell, I believe, at the same
  2040. 1:05:26rate.
  2041. 1:05:28We're spending
  2042. 1:05:30more than some luxury houses on our on
  2043. 1:05:32our spaces.
  2044. 1:05:34You know, and
  2045. 1:05:35that's between a thousand to like $1,300
  2046. 1:05:38a foot
  2047. 1:05:39on the space that we built. And this is
  2048. 1:05:41not from the ground up. This is when
  2049. 1:05:43you're given a vanilla box, we call it,
  2050. 1:05:45right?
  2051. 1:05:46That decision
  2052. 1:05:47has
  2053. 1:05:49puzzled my CFO,
  2054. 1:05:51right? And continues to do that.
  2055. 1:05:54But is so embedded in what I try to do,
  2056. 1:05:58I'm trying to give people a space where
  2057. 1:06:01they could come in and be inspired.
  2058. 1:06:03And I'm trying to build a space around
  2059. 1:06:05great product
  2060. 1:06:07where it's complementary to the product
  2061. 1:06:09I'm trying to build. I'm also trying to
  2062. 1:06:11give myself room to grow into an
  2063. 1:06:15aesthetic with product that I build.
  2064. 1:06:18So,
  2065. 1:06:19I'm trying for like the spaces to have
  2066. 1:06:21no ceiling in terms of aesthetic and
  2067. 1:06:23feel, so that the product can continue
  2068. 1:06:25to evolve without feeling like it's out
  2069. 1:06:27of place.
  2070. 1:06:28>> I do feel like over the years it's
  2071. 1:06:29gotten more minimalist in nature, kind
  2072. 1:06:31of keeping it more open to Yeah, to
  2073. 1:06:33adjust.
  2074. 1:06:33>> It is, but it's always going to be
  2075. 1:06:34beautiful. And that's the key, right?
  2076. 1:06:37Like, the key for me is to build spaces
  2077. 1:06:39where people will come in
  2078. 1:06:41and
  2079. 1:06:42it feels like you're walking into a
  2080. 1:06:43special space. You know, it took You
  2081. 1:06:46know what? It It took me a while It took
  2082. 1:06:48me a while to get used to walking into
  2083. 1:06:49my Soho space after I rebuilt it.
  2084. 1:06:52You know, and you know, people
  2085. 1:06:54I just posted something for the 15-year
  2086. 1:06:57retrospect
  2087. 1:06:58on photos throughout the years. This is
  2088. 1:07:01like the latest post I put up with the
  2089. 1:07:02carousel. And I see people's like
  2090. 1:07:04reaction to that. They're so emotionally
  2091. 1:07:06invested into the spaces throughout the
  2092. 1:07:08years. It's incredible cuz they grew up
  2093. 1:07:10with the spaces, right?
  2094. 1:07:12>> Like I think about the wood. I think
  2095. 1:07:13about the Air Force 1's hanging. I think
  2096. 1:07:15about the white crystal. I think about
  2097. 1:07:16all that.
  2098. 1:07:16>> Yeah. Yeah. And and and that has
  2099. 1:07:18evolved, you know, that's no longer part
  2100. 1:07:19of our aesthetic. But it's but it's
  2101. 1:07:21embedded in your mind because you
  2102. 1:07:23associated your
  2103. 1:07:25experience in the shop,
  2104. 1:07:27you know,
  2105. 1:07:28with the product that you purchased.
  2106. 1:07:30It's like it goes hand in hand. And even
  2107. 1:07:32>> I cannot say that about many brands to
  2108. 1:07:34be completely frank with you.
  2109. 1:07:35>> Yeah.
  2110. 1:07:35>> Yeah.
  2111. 1:07:36>> Yeah. And and I think that that's that's
  2112. 1:07:37a that's a big part of it. But as we
  2113. 1:07:38expand regionally,
  2114. 1:07:40that core purpose stays intact
  2115. 1:07:44of what the spaces need to achieve.
  2116. 1:07:45>> tell your CFO. I mean, obviously, you
  2117. 1:07:47guys are spending on your website, but
  2118. 1:07:49your stores are basically like your
  2119. 1:07:50website.
  2120. 1:07:51>> Yeah.
  2121. 1:07:51>> Like you're investing in your website,
  2122. 1:07:52which there's a big budget for that. So,
  2123. 1:07:54I understand what you're doing there.
  2124. 1:07:56>> Yeah, you see, but you're trying to
  2125. 1:07:58you're trying to create a formula for
  2126. 1:08:00the reasoning
  2127. 1:08:01>> formula like in nature.
  2128. 1:08:02>> for for the reasoning behind some of
  2129. 1:08:04these some of these decisions that I'm
  2130. 1:08:05making where for me, it's it has nothing
  2131. 1:08:08to do with the formula. You know, it's
  2132. 1:08:09it has
  2133. 1:08:11it has nothing to do with that. It has
  2134. 1:08:12to do with what is the greatest space
  2135. 1:08:14that we can build today.
  2136. 1:08:16How far can we take this thing?
  2137. 1:08:18People people often will try to
  2138. 1:08:22put you in a box to say this is what you
  2139. 1:08:25should be
  2140. 1:08:26because that's what they've seen in the
  2141. 1:08:27past. So, you do anything beyond the
  2142. 1:08:30four walls, they try to box you in box
  2143. 1:08:33you into. If you do anything beyond
  2144. 1:08:35that, it's confusing to them because
  2145. 1:08:37they don't understand the purpose
  2146. 1:08:39until they experience it.
  2147. 1:08:41So so it's it's you know, it's it's very
  2148. 1:08:44interesting to understand what dictates
  2149. 1:08:47the journey
  2150. 1:08:48and the path.
  2151. 1:08:50The journey needs to be dictated
  2152. 1:08:53by purpose,
  2153. 1:08:54by being purposeful and thoughtful.
  2154. 1:08:57You know, and that is that is ultimately
  2155. 1:09:00how I want to think about the future.
  2156. 1:09:02is every move and decision that I make
  2157. 1:09:04needs to like you said before I'm in the
  2158. 1:09:0615-year mindset today because we have a
  2159. 1:09:09book coming out in September but I
  2160. 1:09:10really am on the 18 to 20 year mindset
  2161. 1:09:12like I need to think about what we grow
  2162. 1:09:14into.
  2163. 1:09:15>> You know you're thinking about that now
  2164. 1:09:16and especially the day after this comes
  2165. 1:09:18out it's on to
  2166. 1:09:18>> and it's not a it's not a formula it is
  2167. 1:09:20a feeling and Austin
  2168. 1:09:22you know he's been around me for so many
  2169. 1:09:24years he understands when it's time to
  2170. 1:09:27pivot and change direction it's because
  2171. 1:09:30the brand is forcing us to do so not
  2172. 1:09:32because we're thinking like I'm thinking
  2173. 1:09:35I'm not thinking for myself I'm thinking
  2174. 1:09:36for the brand at this point the brand
  2175. 1:09:37has a brain because it's been consistent
  2176. 1:09:39for 15 years I am
  2177. 1:09:41and when you when you are a creative
  2178. 1:09:43director
  2179. 1:09:44it's one thing but when you've also when
  2180. 1:09:47you're the founder / creative director I
  2181. 1:09:49am now thinking for the brand I need to
  2182. 1:09:51do the brand justice with the decisions
  2183. 1:09:53that I make you know so it's not it's
  2184. 1:09:55not formulaic it's a building blocks
  2185. 1:09:57it's like when when I try to push
  2186. 1:10:00everything forward you know we need to
  2187. 1:10:01be
  2188. 1:10:03militant in decision-making to make sure
  2189. 1:10:06that the brand is we're maximizing the
  2190. 1:10:08potential but by doing it tastefully.
  2191. 1:10:11>> And is doing that those Monday programs
  2192. 1:10:14those weekly drops is that kind of force
  2193. 1:10:15you to always have that exercise in
  2194. 1:10:18thinking through how do we avoid that
  2195. 1:10:20complacency?
  2196. 1:10:21>> Monday the Monday program
  2197. 1:10:23when you
  2198. 1:10:25I don't know how many years it's been
  2199. 1:10:26now it's it has to have been now like
  2200. 1:10:30at least 8 years of releasing product
  2201. 1:10:34>> insane
  2202. 1:10:35>> you know 52 times a year
  2203. 1:10:37and the purpose of a Monday program
  2204. 1:10:39sometimes is the appetizer which I like
  2205. 1:10:42like what it's and it's continuously the
  2206. 1:10:44purpose of that has continuously changed
  2207. 1:10:46because that's what Monday program was
  2208. 1:10:47built for it was a malleable idea of
  2209. 1:10:50like
  2210. 1:10:51hey like we we have this Yankee
  2211. 1:10:53collection dropping
  2212. 1:10:55the end of the week
  2213. 1:10:57on the Monday,
  2214. 1:10:58let's give them the accessory portion or
  2215. 1:11:00the lifestyle portion of that, right?
  2216. 1:11:03And get them ready for And And it's it
  2217. 1:11:06stands for then part of the rollout, but
  2218. 1:11:08also part of, you know, the release
  2219. 1:11:10strategy.
  2220. 1:11:10>> That's the one layer of predictability
  2221. 1:11:12is that is is at least that your
  2222. 1:11:13audience can expect that every Monday
  2223. 1:11:15they can wake up in something new and
  2224. 1:11:17fresh from Kith Kith com.
  2225. 1:11:18>> Yeah, and I think that that's important.
  2226. 1:11:19And sometimes it could be two hats, and
  2227. 1:11:21sometimes it could be one T-shirt, and
  2228. 1:11:22sometimes it could be an entire
  2229. 1:11:23collection of product.
  2230. 1:11:25So,
  2231. 1:11:26we look at the calendar and study the
  2232. 1:11:28calendar very carefully to think about
  2233. 1:11:30bandwidth and think about the journey
  2234. 1:11:32that people are taking throughout the
  2235. 1:11:33year and following us with the amount of
  2236. 1:11:35content that we're throwing at them.
  2237. 1:11:37But ultimately, like
  2238. 1:11:39I want to I want to do everything I can,
  2239. 1:11:43not everything I should. So, it's like
  2240. 1:11:45I I I have to I have to then position
  2241. 1:11:48myself
  2242. 1:11:49and the brand to be able to do that
  2243. 1:11:52in a way where people can digest it in
  2244. 1:11:54the best way possible. So, it's it's a
  2245. 1:11:57it's a Rubik's Cube, you know, and the
  2246. 1:11:58the calendar is a really a Rubik's Cube
  2247. 1:12:01because
  2248. 1:12:02product is always shipped late from
  2249. 1:12:03brands, things have to move around. I
  2250. 1:12:05have to sometimes sell product before I
  2251. 1:12:09receive it in my warehouse knowing that
  2252. 1:12:10I'm getting it next week. I'll sell it
  2253. 1:12:12and then it'll take 14 days to ship it
  2254. 1:12:14out or it get to a consumer.
  2255. 1:12:16And And we have to sometimes stay on
  2256. 1:12:18calendar because one thing can affect
  2257. 1:12:20It's a domino effect, you know, it could
  2258. 1:12:21affect the rest of the year if I change
  2259. 1:12:22things around. So, we try to be
  2260. 1:12:24methodical like
  2261. 1:12:26on a week-to-week basis of what's going
  2262. 1:12:28to happen for a full year. Like I'm on
  2263. 1:12:30next year's calendar and next year's
  2264. 1:12:32planned out by the week,
  2265. 1:12:34right? So,
  2266. 1:12:36it then puts the content team in place
  2267. 1:12:39to be making great decisions to be
  2268. 1:12:41creative and have enough time to do what
  2269. 1:12:43they need to do.
  2270. 1:12:44And then it has like the editing team on
  2271. 1:12:47a schedule and on a calendar to be able
  2272. 1:12:49to put the stuff up on the site. It has
  2273. 1:12:51my experiential team in place to be able
  2274. 1:12:54to throw these amazing events. Like we
  2275. 1:12:56have we have an event coming up
  2276. 1:12:59very soon. Like by the time this comes
  2277. 1:13:01out, it'll be like within the next
  2278. 1:13:042 weeks.
  2279. 1:13:05>> Drop it. Drop it.
  2280. 1:13:05>> I can't.
  2281. 1:13:07I can't, but
  2282. 1:13:09people aren't ready.
  2283. 1:13:10And
  2284. 1:13:12people think
  2285. 1:13:14I'm one thing or 10 things,
  2286. 1:13:17but this will add to whatever they
  2287. 1:13:18think. Like And and and that's what I
  2288. 1:13:20mean by like having so many different
  2289. 1:13:25touch points for be able to to be able
  2290. 1:13:27to bring something to fruition.
  2291. 1:13:29It's like
  2292. 1:13:30maybe 80 people touch it internally.
  2293. 1:13:33>> A lot of vessels you have. I mean, it's
  2294. 1:13:36cars, hospitality, kids clothes,
  2295. 1:13:38high-end.
  2296. 1:13:39>> Yeah, we I mean we haven't talked about
  2297. 1:13:40Ivy, which is great.
  2298. 1:13:41>> The way Ronnie has built Kith is the
  2299. 1:13:43blueprint for how you build an
  2300. 1:13:45influential brand today. We put together
  2301. 1:13:47a free PDF on Ronnie's playbook. Why he
  2302. 1:13:50hates paid marketing, why storytelling
  2303. 1:13:52is king, and the reason he spends more
  2304. 1:13:54on his stores than most luxury brands do
  2305. 1:13:55today.
  2306. 1:13:57Link down below in the description.
  2307. 1:13:58Enjoy the rest of the episode.
  2308. 1:13:59>> I want to double click on on the collabs
  2309. 1:14:01just because I think among other things,
  2310. 1:14:03like you're very well known. People have
  2311. 1:14:05always tried to kind of duplicate your
  2312. 1:14:06playbook there. Why don't you just put
  2313. 1:14:08us on some game? You could pick any
  2314. 1:14:09collab and just kind of walk us through
  2315. 1:14:12What is that process? I know we talked
  2316. 1:14:13about your individual taste, yeah, but
  2317. 1:14:16is it also in conjunction? Maybe it's,
  2318. 1:14:18you know, Hasbro has its 50th
  2319. 1:14:20anniversary coming. Like what is that
  2320. 1:14:21holistic view on how Ronnie's brain
  2321. 1:14:23thinks?
  2322. 1:14:24>> I I I'll I'll walk you through one
  2323. 1:14:26example, which is BMW that just happened
  2324. 1:14:28in Pebble Beach.
  2325. 1:14:29So, when we first started with BMW, the
  2326. 1:14:31idea was when when I sat down with Toby,
  2327. 1:14:35who flew in from Germany from BMW, and
  2328. 1:14:37asked me, "Why do you love the brand?"
  2329. 1:14:39And I'm like,
  2330. 1:14:40it's it was a poster on my wall. You
  2331. 1:14:42know, like my grandfather
  2332. 1:14:44had an M3,
  2333. 1:14:46an E30, and I fell in love with it.
  2334. 1:14:48And it then became
  2335. 1:14:50this aspirational item that I had to
  2336. 1:14:53have, you know, the car.
  2337. 1:14:55And
  2338. 1:14:57I had And then you know, funny enough
  2339. 1:14:58later in life, I was able to get a 330,
  2340. 1:15:02you know, this is when I worked for
  2341. 1:15:03David.
  2342. 1:15:04The later years working for David, I was
  2343. 1:15:07able to lease a 330, but build it, you
  2344. 1:15:09know, it was a white with a red
  2345. 1:15:09interior.
  2346. 1:15:11And I loved the car, obviously, but
  2347. 1:15:13the idea was, "Hey, like I love the E30
  2348. 1:15:17M3.
  2349. 1:15:18Can we do something with the E30 M3?"
  2350. 1:15:20He's like, "Well, you know, we have an
  2351. 1:15:22M4 coming soon.
  2352. 1:15:25And in the lineage of what the M3 meant,
  2353. 1:15:27it obviously is the future, you know,
  2354. 1:15:29body style of the M3, cuz the M3, the
  2355. 1:15:33two-door, became the M4, and then the M3
  2356. 1:15:35became the four-door.
  2357. 1:15:36So,
  2358. 1:15:38the idea was this past and present
  2359. 1:15:40story.
  2360. 1:15:41And I I give you that example because I
  2361. 1:15:43always try to think in those terms of
  2362. 1:15:46the educational part of the
  2363. 1:15:48of of the project, which is
  2364. 1:15:51teaching people why the E30 M3 was so
  2365. 1:15:55important.
  2366. 1:15:56We know it's a cultural icon.
  2367. 1:15:58>> But to you as well, too. The personal
  2368. 1:15:59story, obviously, I think brings it to
  2369. 1:16:01whole other level.
  2370. 1:16:02>> And And that's that's a portion of it,
  2371. 1:16:04but that's a smaller portion of it. The
  2372. 1:16:06The The cultural relevance of the E30
  2373. 1:16:08M3, where did it come from? Well, the
  2374. 1:16:10E30 M3,
  2375. 1:16:11you know, won a bunch of races and was
  2376. 1:16:14such an important
  2377. 1:16:16such an important car in the portfolio,
  2378. 1:16:18like what it meant to put a race car on
  2379. 1:16:21the street and make it a street car,
  2380. 1:16:23right? And And then what it did for the
  2381. 1:16:26brand and what it did for M.
  2382. 1:16:28So, when I went to Germany and I got to
  2383. 1:16:29see, you know, the history of BMW and
  2384. 1:16:33and the lineage of the specific car, the
  2385. 1:16:363 Series,
  2386. 1:16:38I knew that that story had to be told.
  2387. 1:16:41So, Johnny Cecotto, which was race car
  2388. 1:16:43driver that used to drive the E30 M3 and
  2389. 1:16:45won a bunch of trophies with it,
  2390. 1:16:47I put him on the racetrack with his son,
  2391. 1:16:49and I had them both drive the E30 M3 and
  2392. 1:16:52the M4 on the same track.
  2393. 1:16:55And it was to tell this like past and
  2394. 1:16:56present story.
  2395. 1:16:57So,
  2396. 1:16:59the the apparel and the lifestyle
  2397. 1:17:02product that we then sell
  2398. 1:17:04is an extension
  2399. 1:17:06of people who either can't afford to buy
  2400. 1:17:09the car or want to buy the car plus
  2401. 1:17:10that, but it's letting people into
  2402. 1:17:14the culture of what BMW stands for.
  2403. 1:17:18And
  2404. 1:17:19I'm heavily invested into the brand
  2405. 1:17:21because I learned so much about it. If
  2406. 1:17:23anyone was in my shoes in Germany and
  2407. 1:17:25got to see what I see, they'd be the
  2408. 1:17:27biggest fans of the brand, too.
  2409. 1:17:29Right? So, it's my responsibility,
  2410. 1:17:33I feel like it's my responsibility doing
  2411. 1:17:35what I do to transfer over the knowledge
  2412. 1:17:37and the feeling that I have when I do
  2413. 1:17:39certain things.
  2414. 1:17:40So,
  2415. 1:17:42my goal is to be able to transfer that.
  2416. 1:17:45Why Why do I care so much about that? I
  2417. 1:17:48don't [ __ ] know. Like, I don't know
  2418. 1:17:50why I want to transfer that emotion, but
  2419. 1:17:53I've always since a kid
  2420. 1:17:55wanted to put You know, like, when
  2421. 1:17:56you're when when when we were younger
  2422. 1:17:58and we'd hear like we'd buy a mixtape,
  2423. 1:18:01we'd hear a song, like we'd buy a clue
  2424. 1:18:03tape, and I'd hear like a Foxy Brown
  2425. 1:18:06freestyle that I loved over a Jamaican
  2426. 1:18:09beat, and
  2427. 1:18:10for some reason, I had to like
  2428. 1:18:13make everyone listen to that song. Like,
  2429. 1:18:16"Yo, you got to hear this [ __ ] This
  2430. 1:18:17shit's crazy." And like,
  2431. 1:18:18why do we want to put people on to those
  2432. 1:18:20things? Well,
  2433. 1:18:22whether it's a track on a mixtape or now
  2434. 1:18:25on a larger stage where I could like
  2435. 1:18:27teach people about the history of a BMW
  2436. 1:18:30automobile, it's like it to me it's the
  2437. 1:18:32same kind of transfer
  2438. 1:18:35of emotion.
  2439. 1:18:36So,
  2440. 1:18:38I want to I want as many people as
  2441. 1:18:40possible to to explore those feelings
  2442. 1:18:43and to know what I know.
  2443. 1:18:45So, that that's that that that now is a
  2444. 1:18:48big part of the purpose of what I do.
  2445. 1:18:49I'm also 44 and like
  2446. 1:18:51at this point or at this stage of my
  2447. 1:18:53career, like this is a legacy mode of
  2448. 1:18:55like what I could do
  2449. 1:18:57to transfer emotion.
  2450. 1:18:59You know, and I do think that Kith space
  2451. 1:19:01is and for people that are spending
  2452. 1:19:03their weekends or time coming to the
  2453. 1:19:04Kith store, like I do think that I'm
  2454. 1:19:07helping people, making people happy. If
  2455. 1:19:11you see people eating Kith Treats, every
  2456. 1:19:12single person will smile after a bite.
  2457. 1:19:14And that was the that was the goal with
  2458. 1:19:15Kith Treats, right? Standing outside of
  2459. 1:19:17Brooklyn with the first windows like the
  2460. 1:19:19first window. I was just like the store
  2461. 1:19:21It was the for the opening of the
  2462. 1:19:22Brooklyn store, but I was outside just
  2463. 1:19:24curious about what people's reaction
  2464. 1:19:26would be to tasting this cereal-infused
  2465. 1:19:29ice cream, which was like the the
  2466. 1:19:31invention [snorts] of that. That didn't
  2467. 1:19:33exist before I did what I did. So, like
  2468. 1:19:35watching people's reaction and seeing
  2469. 1:19:37them smile, it made my It did I didn't
  2470. 1:19:39care what happened inside the space I
  2471. 1:19:41spent so much time building. That was
  2472. 1:19:42like such an important moment for me.
  2473. 1:19:44That is the KPI is the feeling. That's
  2474. 1:19:46right.
  2475. 1:19:46>> Yeah.
  2476. 1:19:47>> Wow.
  2477. 1:19:48>> It's the feeling.
  2478. 1:19:48>> That's a bar. Save that one.
  2479. 1:19:50>> I mean, that's what it is.
  2480. 1:19:51>> That's great.
  2481. 1:19:52>> That's That's exactly what it is.
  2482. 1:19:54>> So, you've done so many of these
  2483. 1:19:56collabs. And again, kind of going back
  2484. 1:19:58to what you said earlier is we just see
  2485. 1:20:00the end product. Yeah. No one knows. I
  2486. 1:20:02mean, I've done tons of licensing deals
  2487. 1:20:04as well, too. I'd love for you to just
  2488. 1:20:06share
  2489. 1:20:08the red flags, the green flags. What do
  2490. 1:20:10you look for? Again, putting aside the
  2491. 1:20:13this is the taste
  2492. 1:20:14of Ronnie Fieg, but then everything
  2493. 1:20:16else.
  2494. 1:20:17>> Yeah, I mean, there's so
  2495. 1:20:19I got And you'll see the final edit of
  2496. 1:20:21this. Don't worry about it. You'll see
  2497. 1:20:21the final edit of this. We No, no, no.
  2498. 1:20:23No, that's Leave that anything. That's
  2499. 1:20:24okay. Listen, um I don't want you to cut
  2500. 1:20:26anything out. You know, sometimes I have
  2501. 1:20:28this like
  2502. 1:20:29this feeling in the middle of meetings
  2503. 1:20:31where I'll stop and I'll be like, "Fuck,
  2504. 1:20:33I wish everyone was here for this shit."
  2505. 1:20:35You know, like I'll be in a meeting with
  2506. 1:20:37a brand
  2507. 1:20:39that first said no to something.
  2508. 1:20:42And then,
  2509. 1:20:43you know, I'll sit down and I'll give
  2510. 1:20:45you a good example of this. It was like
  2511. 1:20:47>> Are they still saying no, anybody?
  2512. 1:20:49>> I mean, when when when I when I
  2513. 1:20:51when I say that, I don't mean they're
  2514. 1:20:53saying no to working together.
  2515. 1:20:56>> No to a concept within the company.
  2516. 1:20:58>> to an idea that makes them
  2517. 1:21:00uncomfortable.
  2518. 1:21:01>> Yeah.
  2519. 1:21:02>> That happens a lot.
  2520. 1:21:03>> Should tell me the Kith Treats ice cream
  2521. 1:21:04was probably a bad idea to outsiders.
  2522. 1:21:07>> Right. And I'll tell you how the Kith
  2523. 1:21:08Treats how Kith Treats came about after
  2524. 1:21:10this. It's pretty funny. But, like how
  2525. 1:21:13that came to be because originally it
  2526. 1:21:15was supposed to be a white chocolate
  2527. 1:21:16bread window.
  2528. 1:21:18And I'll I'll give you the I'll give you
  2529. 1:21:19the story around that. So,
  2530. 1:21:22the reason why I say that is because
  2531. 1:21:25it's important for people to know that
  2532. 1:21:28some of the product and concepts behind
  2533. 1:21:31product took three, four rounds of like
  2534. 1:21:35having to convince a brand to allow me
  2535. 1:21:38to do certain things, you know?
  2536. 1:21:40Like putting our logo in the BMW
  2537. 1:21:43roundel.
  2538. 1:21:45That was an automatic no, and then no,
  2539. 1:21:47no, no.
  2540. 1:21:49>> Because they've never done that before.
  2541. 1:21:50>> Three more times after that. Yeah, no no
  2542. 1:21:52and and that's you know, IP integration
  2543. 1:21:54is a big part of the conversation for
  2544. 1:21:55me. It's like, how do we do something
  2545. 1:21:57that's going to differentiate what you
  2546. 1:21:58are what you've already done? How don't
  2547. 1:22:00how are we going to because a big part
  2548. 1:22:02of the Kith DNA is to disrupt. It's just
  2549. 1:22:04become a big part of what we do,
  2550. 1:22:07you know? So,
  2551. 1:22:08people have to see
  2552. 1:22:11creativity, but also it needs to move
  2553. 1:22:13the needle, right? And I think that when
  2554. 1:22:16we met with Coca-Cola and we wanted to
  2555. 1:22:18have Kith in the Coke font on a glass
  2556. 1:22:21contour bottle,
  2557. 1:22:23that was a [ __ ] no,
  2558. 1:22:25right? [snorts]
  2559. 1:22:26>> I've dealt with them. They're tough.
  2560. 1:22:27>> In in so in so many words. It was a no.
  2561. 1:22:29Like, of course not. You can't do that.
  2562. 1:22:31But then, through conversation
  2563. 1:22:34and through understanding the purpose of
  2564. 1:22:36what I'm trying to do,
  2565. 1:22:37brands will align because they
  2566. 1:22:41understand the mutual benefit of
  2567. 1:22:44a brand like ours and myself uplifting
  2568. 1:22:47the DNA of the brand itself. Like, not
  2569. 1:22:49just
  2570. 1:22:51trying to create something new, it also
  2571. 1:22:53needs to speak to why
  2572. 1:22:56you know, Coca-Cola is such a great
  2573. 1:22:57brand. It's a great American brand. So,
  2574. 1:23:00I have this like Coca-Cola book that I
  2575. 1:23:02bought in Japan.
  2576. 1:23:03And going back to Japan, they're so good
  2577. 1:23:06at
  2578. 1:23:07up-specking
  2579. 1:23:09what you would think is a dollar can of
  2580. 1:23:12Coke into a lifestyle. Like, the way
  2581. 1:23:15that Japanese the Japanese
  2582. 1:23:19consumer looks at American brands in
  2583. 1:23:21Japan is very different from here. They
  2584. 1:23:23they they're able to build products
  2585. 1:23:26around storytelling in ways that
  2586. 1:23:28Americans couldn't even do it for
  2587. 1:23:29themselves. So,
  2588. 1:23:32I I saw that.
  2589. 1:23:34Like, if you go to Japan,
  2590. 1:23:37if you went to Japan 15 years ago and
  2591. 1:23:38you bought a a Champion sweatshirt,
  2592. 1:23:41it's like the Japanese Champion
  2593. 1:23:43sweatshirts were like so much better and
  2594. 1:23:47better made, better fit, just like
  2595. 1:23:49those some of those retailers were
  2596. 1:23:50taking
  2597. 1:23:52product and spinning it and recreating
  2598. 1:23:56it in a way that really made you respect
  2599. 1:23:58the brand so much more. That's what I
  2600. 1:24:00wanted to do for Coke. So,
  2601. 1:24:02the bottle was one conversation, but
  2602. 1:24:04what I was going to do within the
  2603. 1:24:05context of the collection is like, I
  2604. 1:24:08want to make product for Coca-Cola that
  2605. 1:24:09people have never seen, people have
  2606. 1:24:11never felt.
  2607. 1:24:11>> Are you communicating to them how you're
  2608. 1:24:13communicating to me right now?
  2609. 1:24:14>> Yeah, of course.
  2610. 1:24:14>> Yeah, you're saying these exact things.
  2611. 1:24:16Like, this
  2612. 1:24:16>> of course. I mean, I
  2613. 1:24:19I'm in I'm in every conversation
  2614. 1:24:22that
  2615. 1:24:23then builds the blueprint for what we do
  2616. 1:24:25in the future. And that's why it's such
  2617. 1:24:27long-standing relationships that we have
  2618. 1:24:29is because
  2619. 1:24:30they need to hear the intent from me.
  2620. 1:24:33Cuz I'm creatively directing where we
  2621. 1:24:35go. It's like they need to understand
  2622. 1:24:36what my end goal is in working together.
  2623. 1:24:39So, in collaborations like being
  2624. 1:24:41purposeful
  2625. 1:24:43and
  2626. 1:24:44trying to achieve something that hasn't
  2627. 1:24:47been achieved in the past will be again
  2628. 1:24:50a building block for that brand. So, if
  2629. 1:24:52I can There was a time
  2630. 1:24:55and I truly believe this. And right now
  2631. 1:24:56it'll be hard for people to understand
  2632. 1:24:59what I'm saying because
  2633. 1:25:01we're not in a time today
  2634. 1:25:03when
  2635. 1:25:04we released the kind of product we did
  2636. 1:25:06for a brand like Coca-Cola. But, there
  2637. 1:25:08was a time
  2638. 1:25:09where if you asked my consumer
  2639. 1:25:13what is the first thing you think about
  2640. 1:25:14when I say Coca-Cola?
  2641. 1:25:16They may not say
  2642. 1:25:18a can or a bottle
  2643. 1:25:20in my at my deli or at a restaurant.
  2644. 1:25:22They may say a different product. Can
  2645. 1:25:25you imagine that? Can you imagine I ask
  2646. 1:25:27you what's the first thing you think
  2647. 1:25:27about when you think about Coca-Cola and
  2648. 1:25:29you say
  2649. 1:25:30>> the collaborative product that you
  2650. 1:25:31>> And you say the rugby that I bought.
  2651. 1:25:34What that does for a brand is is
  2652. 1:25:37priceless.
  2653. 1:25:38Because then you expand the purpose of
  2654. 1:25:40what you stand for. It's like
  2655. 1:25:42and Coca-Cola is not just a beverage to
  2656. 1:25:44me.
  2657. 1:25:45There's so much equity in that IP
  2658. 1:25:49where it could stand for so much more.
  2659. 1:25:51The color, the feel. If you get this
  2660. 1:25:53book of the history of Coca-Cola and you
  2661. 1:25:54see like in the '70s what Coca-Cola
  2662. 1:25:56meant to the US like if you have like an
  2663. 1:25:58ice cold Coke with a [ __ ] burger or a
  2664. 1:26:01slice of pizza, you know what that does.
  2665. 1:26:03>> hit that. We just hit that. I felt good.
  2666. 1:26:05>> I haven't done it in like a year.
  2667. 1:26:06>> You know you know what that does. So,
  2668. 1:26:08like
  2669. 1:26:09you know, so transferring that over to
  2670. 1:26:11what that would mean on product outside
  2671. 1:26:13of a beverage
  2672. 1:26:15is
  2673. 1:26:16to me the the most fun I can have is
  2674. 1:26:19like then transferring it over to
  2675. 1:26:21probably BMW's the same thing. If I ask
  2676. 1:26:24you what's the first thing you think
  2677. 1:26:24about with BMW? Like if you just bought
  2678. 1:26:26that orange leather jacket, like
  2679. 1:26:29and you don't own a BMW car, that may be
  2680. 1:26:32the first thing you think about.
  2681. 1:26:34>> You know, like this goes back to all
  2682. 1:26:35those kind of ways to get them into the
  2683. 1:26:37world. It's a net new
  2684. 1:26:38>> Yeah, but getting getting someone into
  2685. 1:26:40the Coca-Cola world isn't I don't need
  2686. 1:26:42to do that. They already
  2687. 1:26:43>> them back into it, to be completely
  2688. 1:26:44frank.
  2689. 1:26:45>> Maybe, but that's not that's not even
  2690. 1:26:47the purpose. The purpose is to expand
  2691. 1:26:49how they feel about it. Right? That was
  2692. 1:26:51the purpose in the conversation that I
  2693. 1:26:52had. It's like, "Hey, like we can I
  2694. 1:26:54really think of Coca-Cola as a lifestyle
  2695. 1:26:56brand. I don't think about it as a
  2696. 1:26:58beverage." And that was the spark.
  2697. 1:27:01That was like, "Hey, the the bottle is
  2698. 1:27:03just part of the overall story. It's the
  2699. 1:27:06context. It has to be the base of the
  2700. 1:27:08story, cuz that's why people have fallen
  2701. 1:27:10in love with the brand,
  2702. 1:27:11but I'm then going to
  2703. 1:27:13give you a world around it."
  2704. 1:27:15And that's an example, I know you asked
  2705. 1:27:17me about collaboration. I just wanted to
  2706. 1:27:19give you one example around how we work
  2707. 1:27:22and what we think about when we work
  2708. 1:27:24with a partner. It's like I'm trying to
  2709. 1:27:26tell
  2710. 1:27:27the history of why I feel connected to
  2711. 1:27:29the brand.
  2712. 1:27:30That is the purpose of why we do what we
  2713. 1:27:32do.
  2714. 1:27:33>> What about these like trips that you're
  2715. 1:27:35doing with a select group of people that
  2716. 1:27:36you like known from childhood? Is that a
  2717. 1:27:38big part of this? Because for me, that
  2718. 1:27:40has always just
  2719. 1:27:42and it's subtle. It just further cements
  2720. 1:27:45the story that you're talking about. And
  2721. 1:27:46it's just a a net new vehicle that you
  2722. 1:27:48see the story through that lens. I think
  2723. 1:27:50that has been one of the most powerful
  2724. 1:27:51things that you've done. Is that Is that
  2725. 1:27:53in those conversations? Do they want
  2726. 1:27:54that? Do you ask for that?
  2727. 1:27:56>> Two things about that. Number one,
  2728. 1:27:59I am and if you ask my friends, like any
  2729. 1:28:02of my friends, they'll tell you that I'm
  2730. 1:28:04like the glue
  2731. 1:28:07or
  2732. 1:28:08not even the glue, but I'm the
  2733. 1:28:09connector. So, like all of my friends
  2734. 1:28:11know each other through me,
  2735. 1:28:12and then the relationships that have
  2736. 1:28:14been built
  2737. 1:28:15in silos, like
  2738. 1:28:18have been because they met on some of
  2739. 1:28:21these trips or because I've put them
  2740. 1:28:23together, and I've
  2741. 1:28:25been
  2742. 1:28:26fortunate enough to be part of so many
  2743. 1:28:28friendships,
  2744. 1:28:30but more fortunate enough to create
  2745. 1:28:33other friendships.
  2746. 1:28:34And I And I love being that person that
  2747. 1:28:38is able to connect like-minded
  2748. 1:28:40individuals that can become even better
  2749. 1:28:42friends than I am with that individual.
  2750. 1:28:45So,
  2751. 1:28:46Kith has been a platform for me
  2752. 1:28:49where
  2753. 1:28:51I can bring all my friends together
  2754. 1:28:54and enjoy my life and friendships
  2755. 1:28:57because I don't get to do that outside
  2756. 1:28:59of work cuz I don't have time.
  2757. 1:29:00So, the brand has been a platform where
  2758. 1:29:02I could do that, and I And by chance,
  2759. 1:29:06and it's
  2760. 1:29:06>> That is the meet-up with the friends.
  2761. 1:29:07It's like everyone's so busy, that is
  2762. 1:29:09the meet-up.
  2763. 1:29:09>> That's exactly right. And all of us are
  2764. 1:29:11busy. And ironically,
  2765. 1:29:15by coincidence,
  2766. 1:29:17all of us have become successful in our
  2767. 1:29:20own right like
  2768. 1:29:21with doing what we do, you know? So,
  2769. 1:29:23like if you go back in the history of
  2770. 1:29:24some of our first trips, like the amount
  2771. 1:29:27of growth that all of us have had
  2772. 1:29:29>> individually and collectively.
  2773. 1:29:30>> And if I go down the list one individual
  2774. 1:29:33after the other, this is from day one.
  2775. 1:29:36There haven't been new names on that
  2776. 1:29:37list for a long time, you know? So,
  2777. 1:29:40they become influential. So, seeing like
  2778. 1:29:42for Imagine like what we do
  2779. 1:29:45when we take over
  2780. 1:29:47a mountain in Hokkaido
  2781. 1:29:50and
  2782. 1:29:51we're 25
  2783. 1:29:54individuals, and all of us are wearing
  2784. 1:29:57the same ski kit,
  2785. 1:29:59and we take over the village. Like we're
  2786. 1:30:01like walking around like skiing down the
  2787. 1:30:03mountain all wearing the same kit. The
  2788. 1:30:06influence that that has on people that
  2789. 1:30:08are there is is it's insane. You know,
  2790. 1:30:10and then the organic content, nobody is
  2791. 1:30:13told that they have to post anything.
  2792. 1:30:15There's no hashtag.
  2793. 1:30:17That shit's corny.
  2794. 1:30:18There's no There's none of that, you
  2795. 1:30:19know, like
  2796. 1:30:21it's organic social that comes out of
  2797. 1:30:23that. Because people love People First
  2798. 1:30:25of all, if I take you to the spaces,
  2799. 1:30:27you're going to love it. If I take you
  2800. 1:30:29to Amangiri for and we take over the
  2801. 1:30:31whole hotel and I put you in the product
  2802. 1:30:33and we're hiking, you know,
  2803. 1:30:36you're going to post that because that's
  2804. 1:30:38what human behavior is now. You love
  2805. 1:30:39doing what you're doing and you think
  2806. 1:30:41some shit's cool, you're going to post
  2807. 1:30:42it because that's what life is today.
  2808. 1:30:45So, like that came organically. No one I
  2809. 1:30:48haven't asked anybody to post anything
  2810. 1:30:49ever.
  2811. 1:30:50Like literally ever.
  2812. 1:30:53>> That backed into a good situation. That
  2813. 1:30:55makes a lot of sense. It's just uh, you
  2814. 1:30:56know, one time a quarter, two times a
  2815. 1:30:58year, you could just put a date on the
  2816. 1:30:59calendar and everyone everyone could
  2817. 1:31:01link
  2818. 1:31:01>> And that's exactly what we're doing. And
  2819. 1:31:02this one thing I'm speaking about that's
  2820. 1:31:03happening very soon will be
  2821. 1:31:07the [ __ ] pinnacle of that. We had to
  2822. 1:31:09show up for the 15 year, so that's going
  2823. 1:31:11to be
  2824. 1:31:13the biggest
  2825. 1:31:15the biggest I think it's going to be the
  2826. 1:31:16biggest moment.
  2827. 1:31:18It's definitely the biggest moment in my
  2828. 1:31:19career.
  2829. 1:31:21Yeah. So, I think it's going to be
  2830. 1:31:24a big moment in fashion.
  2831. 1:31:26You know, and I'm I'm really I'm really
  2832. 1:31:28hyped about that because
  2833. 1:31:30it takes it took so much to be able to
  2834. 1:31:32get to the point where we can
  2835. 1:31:34impact the culture in that way. So, I'm
  2836. 1:31:37just I'm I'm excited for the position
  2837. 1:31:39that we're in also to be able to do
  2838. 1:31:41things the way that we're doing them is
  2839. 1:31:43it's not taken for granted like
  2840. 1:31:45I'm very appreciative of the fact that
  2841. 1:31:47I'm able to do that, you know, and and
  2842. 1:31:49the team that I have and everybody
  2843. 1:31:51around me that's like supporting me and
  2844. 1:31:53able to bring it to fruition is key.
  2845. 1:31:56>> When can we look out for that?
  2846. 1:31:58>> It's it's the first week
  2847. 1:32:02first and second week of October.
  2848. 1:32:04>> A collaboration you're proudest of.
  2849. 1:32:07>> Giorgio Armani.
  2850. 1:32:09>> Why?
  2851. 1:32:10>> Because Giorgio was always the
  2852. 1:32:14pinnacle for me.
  2853. 1:32:16Just the top of the pyramid for
  2854. 1:32:19what he was able to build, the
  2855. 1:32:21lifestyle, and what he stood for,
  2856. 1:32:23dressing some of the most important
  2857. 1:32:25characters in some of the most amazing
  2858. 1:32:26films,
  2859. 1:32:28being able to build a book for him when
  2860. 1:32:30I met with him,
  2861. 1:32:32and having that conversation with him,
  2862. 1:32:34and then working on a few other projects
  2863. 1:32:36with him
  2864. 1:32:37before he passed.
  2865. 1:32:39To me, that's the ultimate That was, I
  2866. 1:32:41think
  2867. 1:32:43I think it's the most impactful and most
  2868. 1:32:45important project of my career.
  2869. 1:32:48>> I would say from the outside looking in,
  2870. 1:32:49too, it probably was the biggest jump in
  2871. 1:32:51maturation from like an aesthetic
  2872. 1:32:53perspective, as well, too, as far as the
  2873. 1:32:55the garment and product. Like, I never
  2874. 1:32:57looked at you under that lens.
  2875. 1:32:58>> Yeah.
  2876. 1:32:58>> That was for me that was like when I
  2877. 1:33:00crossed the chasm to like, I would buy
  2878. 1:33:02stuff from him in that in that vehicle.
  2879. 1:33:04>> Yeah, and and you're not you know,
  2880. 1:33:06you're you're not the first person to
  2881. 1:33:07say that, and I know that, too. I know
  2882. 1:33:09that that was
  2883. 1:33:11the beginning of something new
  2884. 1:33:12>> Yeah.
  2885. 1:33:13>> for, again,
  2886. 1:33:14>> I think Bergdorf was another one, too,
  2887. 1:33:15when you went in there. I was like,
  2888. 1:33:16okay, he's going in he's going into a
  2889. 1:33:18whole other universe right now.
  2890. 1:33:19>> Yeah, and and that's that's the thing is
  2891. 1:33:20like
  2892. 1:33:23I want to be able to work on the most
  2893. 1:33:27aspirational [ __ ] to me, personally.
  2894. 1:33:30You know, and live through that
  2895. 1:33:33with the brand.
  2896. 1:33:35Right? And and I think
  2897. 1:33:37I think, again, like, it's going to
  2898. 1:33:38confuse a certain people, but that's
  2899. 1:33:41what it's meant to do.
  2900. 1:33:43But it's going to really affect
  2901. 1:33:45like a different group of people
  2902. 1:33:48that get into that crepe suit, the
  2903. 1:33:51artist suit that I wear so often. I wear
  2904. 1:33:54it like I wear any kit, like
  2905. 1:33:57such a comfortable suit, a
  2906. 1:33:59double-breasted shawl, like it's
  2907. 1:34:02perfect.
  2908. 1:34:03>> I've never gone I've never I've never
  2909. 1:34:04gone that route. I might need to I might
  2910. 1:34:05need to have that.
  2911. 1:34:06>> Yeah, I mean listen, it's and and it
  2912. 1:34:08made me and again, like it's the same
  2913. 1:34:10thing. Like when there was mutual
  2914. 1:34:12interest and by the way, there was
  2915. 1:34:13mutual interest and a conversation that
  2916. 1:34:15started three or four years before we
  2917. 1:34:17put out that product and it took that
  2918. 1:34:19long for me to then meet with, you know,
  2919. 1:34:21Mr. A and
  2920. 1:34:24it took a ton of education
  2921. 1:34:27for me to think about what I was going
  2922. 1:34:29to do,
  2923. 1:34:30you know, and create the archetype of
  2924. 1:34:31every guy that I thought Giorgio
  2925. 1:34:33affected in his in in in in that brand's
  2926. 1:34:36and his lifespan, like
  2927. 1:34:39for people that got into suits and the
  2928. 1:34:40type of guy that got into suits
  2929. 1:34:43throughout the years. I wanted to
  2930. 1:34:44celebrate
  2931. 1:34:46that I wanted to celebrate that for him
  2932. 1:34:49and with him, right? So, in that
  2933. 1:34:52conversation that I had with him, like
  2934. 1:34:54that was very interesting and and and
  2935. 1:34:56and by the way, like
  2936. 1:34:58not just because there's interest in
  2937. 1:35:00working together, it doesn't mean that
  2938. 1:35:01we're going to sit down and talk and
  2939. 1:35:02he's going to like the idea or agree
  2940. 1:35:04with the idea and at first
  2941. 1:35:07he didn't really agree and love it until
  2942. 1:35:11I went through the book and explained
  2943. 1:35:13the purpose that it served and what I
  2944. 1:35:15was trying to do by paying respects,
  2945. 1:35:18you know?
  2946. 1:35:19Like
  2947. 1:35:21paying respect to Giorgio
  2948. 1:35:24through his
  2949. 1:35:27history and his and you know, cuz he
  2950. 1:35:29turned 90 and
  2951. 1:35:31the brand, I think, turned
  2952. 1:35:34I don't remember the year, you're going
  2953. 1:35:35to have to check that, but
  2954. 1:35:36I think it was 50.
  2955. 1:35:38And and I think I I think that
  2956. 1:35:41be like people seeing it, I think, for
  2957. 1:35:43the first time, like seeing the history
  2958. 1:35:46and like understanding what it was
  2959. 1:35:47through my lens allowed people to then
  2960. 1:35:50dive deeper.
  2961. 1:35:52And I think that that's the purpose that
  2962. 1:35:54it served is
  2963. 1:35:55>> think there was an awareness in like my
  2964. 1:35:56cohort in my pocket. Like I didn't know
  2965. 1:35:58much about George. I I obviously know
  2966. 1:36:00the logo.
  2967. 1:36:00>> Yeah, of course.
  2968. 1:36:01>> Um but I didn't know much past that. I
  2969. 1:36:03was thinking cologne. Like I I I like
  2970. 1:36:05Yeah.
  2971. 1:36:05>> Right. Right. And and and the finest I
  2972. 1:36:07believe Giorgio Armani has the finest
  2973. 1:36:08garments in the world, literally. And I
  2974. 1:36:11And And that's that's the purpose of why
  2975. 1:36:13I wanted to work together.
  2976. 1:36:14>> Love that. Guys, we're going to finish
  2977. 1:36:16up with some of those last
  2978. 1:36:16collaborations. I just want to round it
  2979. 1:36:18out with some of this outside stuff
  2980. 1:36:19outside of the court and business.
  2981. 1:36:21Outside of marrying your wife and having
  2982. 1:36:22your kid,
  2983. 1:36:23was there a [ __ ] better moment
  2984. 1:36:25>> girls.
  2985. 1:36:26>> Was there a better moment than the next
  2986. 1:36:28winning the 2026 championship?
  2987. 1:36:32>> I wouldn't say that one is better than
  2988. 1:36:34the other.
  2989. 1:36:35>> [laughter]
  2990. 1:36:36[gasps]
  2991. 1:36:37>> Honestly,
  2992. 1:36:39everything that will happen after that
  2993. 1:36:43moment is just a cherry on top.
  2994. 1:36:46Everything that will happen So you're
  2995. 1:36:47good for life with the one chip.
  2996. 1:36:49I'm good for life with the one chip.
  2997. 1:36:51>> [laughter]
  2998. 1:36:52>> I'm good for life with the one chip.
  2999. 1:36:54>> is back.
  3000. 1:36:55So you're the creative director. Let's
  3001. 1:36:57talk about that. What does that role
  3002. 1:36:58actually look like? And I think that you
  3003. 1:37:00were the beginning of this kind of
  3004. 1:37:01evolution. Luigi, Arsham, where they're
  3005. 1:37:04getting kind of these outside creatives
  3006. 1:37:06to
  3007. 1:37:09adjust the visual identity and more.
  3008. 1:37:10>> It's a beautiful thing, you know, like
  3009. 1:37:13getting people who are
  3010. 1:37:15emotionally invested
  3011. 1:37:18and who have a point of view.
  3012. 1:37:21We've worked now like
  3013. 1:37:24you know, I think this is This year will
  3014. 1:37:26mark the eighth collection.
  3015. 1:37:28So, I've been working with the Knicks
  3016. 1:37:31since way before
  3017. 1:37:34they got good,
  3018. 1:37:36let alone great, right? And to me, it's
  3019. 1:37:40like
  3020. 1:37:41New York City
  3021. 1:37:44What New York What the Knicks represent
  3022. 1:37:45for the city is
  3023. 1:37:48everything that I feel
  3024. 1:37:51the city is about and everything the
  3025. 1:37:53city feels like to me is like
  3026. 1:37:54represented by the Knicks, you know, and
  3027. 1:37:57growing up
  3028. 1:37:58you know, with the '90s team
  3029. 1:38:00>> Mason, Starks, Oakley.
  3030. 1:38:02>> Mason, Starks, Ewing
  3031. 1:38:04Oakley
  3032. 1:38:06I mean, it was
  3033. 1:38:07that time
  3034. 1:38:09again, like everything you love when
  3035. 1:38:11you're a kid, you're going to love for
  3036. 1:38:12the rest of your life. I will love the
  3037. 1:38:14Knicks for the rest of my life, like no
  3038. 1:38:16matter what, you know? I unconditional
  3039. 1:38:18love and we love them through their
  3040. 1:38:20struggles. I am really happy that
  3041. 1:38:23they're in a position that they're in
  3042. 1:38:24now where they're getting the respect
  3043. 1:38:26that they deserve and more importantly,
  3044. 1:38:27Jalen Brunson is the best Nick of all
  3045. 1:38:29time in my opinion.
  3046. 1:38:31And we have
  3047. 1:38:33such an incredible leader on that team,
  3048. 1:38:35but also the
  3049. 1:38:36personalities of the other players that
  3050. 1:38:38I got to know Cat and Hart, like and
  3051. 1:38:42Deuce
  3052. 1:38:43and Alvarado, like yo, these guys are
  3053. 1:38:44great guys, man.
  3054. 1:38:45>> Alvarado is the Knicks.
  3055. 1:38:47Literally. I think I think I think some
  3056. 1:38:50people would think that's outlandish. I
  3057. 1:38:51saw it You agree?
  3058. 1:38:52>> Yeah.
  3059. 1:38:52>> He's like just that gritty Puerto Rican
  3060. 1:38:55>> so us. Like he's like from the city,
  3061. 1:38:57like he represents it, puts the heart on
  3062. 1:38:59his like he's
  3063. 1:39:01very New York and I love that about the
  3064. 1:39:03Knicks. Like I love that grittiness and
  3065. 1:39:06that hustle from these players, but
  3066. 1:39:09more importantly, like I know these guys
  3067. 1:39:11off the court and they're great guys.
  3068. 1:39:13Like I just spent a good amount of time
  3069. 1:39:16with Josh Hart out east.
  3070. 1:39:17>> I've hung out with him a bunch.
  3071. 1:39:18>> He's such a good
  3072. 1:39:20>> Matt Hillman, yo, great people, man. And
  3073. 1:39:22that's that to me is more important than
  3074. 1:39:24anything else. And also,
  3075. 1:39:26you know, I think Jim Dolan is is a
  3076. 1:39:28great owner.
  3077. 1:39:30I do.
  3078. 1:39:31>> We don't clip that one.
  3079. 1:39:33>> I think he's a great owner.
  3080. 1:39:35>> Why?
  3081. 1:39:35>> Cuz he made the right decisions
  3082. 1:39:37of putting the best in charge. You know,
  3083. 1:39:40he made the right decisions for the
  3084. 1:39:41team. You know, like
  3085. 1:39:44Also, like
  3086. 1:39:46I feel like he loves this team so much,
  3087. 1:39:49man. Like and and I know cuz I'm there.
  3088. 1:39:52He's there at the games like
  3089. 1:39:56invested in it. You know, he's not just
  3090. 1:39:58a typical, you know, some of these team
  3091. 1:40:00owners, they don't even watch the games
  3092. 1:40:02the way that they should be like with
  3093. 1:40:04the interest of the win like
  3094. 1:40:06in the way that I see him.
  3095. 1:40:07>> So, it hurt when they were losing. It
  3096. 1:40:08hurt him.
  3097. 1:40:09>> It definitely hurt him. Definitely.
  3098. 1:40:11>> you don't see that. Or you you just saw
  3099. 1:40:13it trash for so long. And obviously West
  3100. 1:40:15and the new like all of that coming in.
  3101. 1:40:17>> but dude, it's like dude, it's when you
  3102. 1:40:20This is New York City, man. Like the
  3103. 1:40:22amount of publicity
  3104. 1:40:24you know, good or bad that you're going
  3105. 1:40:26to get in that position,
  3106. 1:40:28it's nobody can [ __ ] deal with that,
  3107. 1:40:31you know, like
  3108. 1:40:32I we won't I'm I'm not going to get into
  3109. 1:40:34any specifics, but I will say this.
  3110. 1:40:36I think the organization is a winning
  3111. 1:40:38organization. It's
  3112. 1:40:41it stands for
  3113. 1:40:43you know, the best of New York City and
  3114. 1:40:45they have the people in charge right now
  3115. 1:40:47between West and Leon that I think is
  3116. 1:40:49the best league-wide. I think they're
  3117. 1:40:51the best tandem league-wide.
  3118. 1:40:53There's no one better.
  3119. 1:40:54And what we put
  3120. 1:40:55>> bold moves they made that year.
  3121. 1:40:56>> What we put together to win a chip. Do
  3122. 1:40:58you know how how crazy that was for like
  3123. 1:41:01us to be in that position after a few
  3124. 1:41:04just a few years before that?
  3125. 1:41:07>> The craziest thing about it is it was so
  3126. 1:41:09close that not only not working, but
  3127. 1:41:12everyone being like he's the [ __ ]
  3128. 1:41:13worst. Like I'm so happy what happened
  3129. 1:41:15with Cat cuz Cat was literally so close
  3130. 1:41:17to it going the other way. And now for
  3131. 1:41:19me, I think Cat's a Hall of Famer now.
  3132. 1:41:21I think he is right now. If you actually
  3133. 1:41:22look at his numbers.
  3134. 1:41:23>> Yeah.
  3135. 1:41:23>> Yeah. He's a champion now and he was a
  3136. 1:41:25huge part of the championship.
  3137. 1:41:26>> I I think so, too. But also unlocking
  3138. 1:41:28him the way that we did.
  3139. 1:41:29>> 100%.
  3140. 1:41:30>> You know, like
  3141. 1:41:31But but you know what? Basketball aside
  3142. 1:41:34because you know, it's when you get to
  3143. 1:41:35know these guys, basketball becomes
  3144. 1:41:37secondary to these guys. They're like
  3145. 1:41:39good people, you know, and and that's
  3146. 1:41:42that's what I think makes a big
  3147. 1:41:43difference. So,
  3148. 1:41:44good on them. I really
  3149. 1:41:47hope that this season is going to be
  3150. 1:41:50just as good as last year's if not
  3151. 1:41:51better. We have an incredible collection
  3152. 1:41:53coming this year, as we do every year,
  3153. 1:41:55but this year we're celebrating I could
  3154. 1:41:57tell you that we're celebrating Walt
  3155. 1:41:58Clyde Frazier this year.
  3156. 1:42:00>> Love that.
  3157. 1:42:01>> And some of the imagery that you see
  3158. 1:42:02like
  3159. 1:42:04there's going to be some really cool
  3160. 1:42:05[ __ ] that we do there. And we got a
  3161. 1:42:07couple other really great
  3162. 1:42:09moments lined up for the Knicks. So, I'm
  3163. 1:42:12very excited about that. And being in
  3164. 1:42:13the role, you know, you asked me a
  3165. 1:42:15question
  3166. 1:42:16like what does that entail? And it's you
  3167. 1:42:18know, we we we I meet with the team and
  3168. 1:42:21we discuss the aesthetics and the
  3169. 1:42:23digital content, what it looks like,
  3170. 1:42:25what it feels like, and we discuss
  3171. 1:42:27emotion. And that's very important.
  3172. 1:42:30>> Same lines as Kith.
  3173. 1:42:31>> Yeah, we apply that that and that's what
  3174. 1:42:33I that's what I'm there to do, you know,
  3175. 1:42:34is to apply the same that same lens.
  3176. 1:42:37>> Most surprising thing with working with
  3177. 1:42:38the Knicks? What would you say it was?
  3178. 1:42:43>> The chip.
  3179. 1:42:45I mean like it's it's not It was It was
  3180. 1:42:48an expectation that I think people had
  3181. 1:42:50from the beginning of the season, but
  3182. 1:42:52it's surprising in a way where, you
  3183. 1:42:55know, you see this many people come out
  3184. 1:42:57the way they did and this the whole the
  3185. 1:43:00whole city getting behind it in the way
  3186. 1:43:01that they did. Like it's crazy to see
  3187. 1:43:04cuz I mentioned it if you go back to the
  3188. 1:43:06Roommates podcast, I mentioned that I
  3189. 1:43:08thought that the Knicks were the most
  3190. 1:43:10culturally relevant team in the world.
  3191. 1:43:12And then that that was way before they
  3192. 1:43:14won the chip, and then you see what
  3193. 1:43:16happened after they won the chip, and
  3194. 1:43:17then you see why.
  3195. 1:43:19When the Knicks are good, the city is
  3196. 1:43:21great.
  3197. 1:43:22>> The NBA is great.
  3198. 1:43:23>> Oh, the NBA That goes without saying.
  3199. 1:43:25The NBA is more than great, but the
  3200. 1:43:27city, what the city felt like during
  3201. 1:43:29that run,
  3202. 1:43:30it was insane. And I I had
  3203. 1:43:34it was [ __ ] up, but I had a a
  3204. 1:43:35procedure done on my leg. I had melanoma
  3205. 1:43:38at the time that they were winning in
  3206. 1:43:39the chip, and I had to have
  3207. 1:43:41surgery on my leg, so I couldn't make
  3208. 1:43:44it. I I made it to
  3209. 1:43:46I think it was game I made it to game
  3210. 1:43:49three,
  3211. 1:43:50and they lost that game. But, I had to
  3212. 1:43:52walk because [ __ ] Trump came, and
  3213. 1:43:54they shut down 20 square blocks, and I
  3214. 1:43:57wasn't supposed to walk on my leg, and
  3215. 1:43:59then I ended up having to walk
  3216. 1:44:01like 3 miles to get to my seat.
  3217. 1:44:04I was in so much [ __ ] pain, but it
  3218. 1:44:06didn't matter.
  3219. 1:44:07>> Well worth it.
  3220. 1:44:07>> But, then I didn't go to game four
  3221. 1:44:09because they told me that they're
  3222. 1:44:10shutting down around the arena again.
  3223. 1:44:12So, I ended up watching it at Ivy.
  3224. 1:44:15And my friend Dan went with his kids,
  3225. 1:44:18and I remember at halftime he was like,
  3226. 1:44:21"Yo, my kids are crying. They don't want
  3227. 1:44:22to be here. I told them we can't leave."
  3228. 1:44:24I was like, "Dan,
  3229. 1:44:25place a [ __ ] bet. It's going to turn
  3230. 1:44:27around. Trust me." And
  3231. 1:44:29and they ended up winning.
  3232. 1:44:31>> What was your game?
  3233. 1:44:32>> Yeah, that's OG game, game four. And I
  3234. 1:44:33missed I missed that game because of my
  3235. 1:44:36what I had, my procedure to my leg.
  3236. 1:44:38And then I was supposed to go to San
  3237. 1:44:39Antonio, but I couldn't go. So, like I
  3238. 1:44:41missed what I
  3239. 1:44:43typically would have done. Like, I would
  3240. 1:44:44have gone to the games, and I'll always
  3241. 1:44:47remember that being a very shitty part
  3242. 1:44:49of the run. And then it when it comes to
  3243. 1:44:51like watching when it when the closeout
  3244. 1:44:53game like I have to watch a closeout
  3245. 1:44:55game by myself. Like, if I'm not at the
  3246. 1:44:56game, like I have to watch it solo.
  3247. 1:44:58So,
  3248. 1:45:00I watched it solo, and I was like I
  3249. 1:45:01watched it with my wife, but that was a
  3250. 1:45:04crazy few days, man. It was just the
  3251. 1:45:06best.
  3252. 1:45:07>> That was the World Cup, too. That was
  3253. 1:45:08like a nice 2-3 week bender. We were
  3254. 1:45:09here shooting. You just felt it
  3255. 1:45:11everywhere.
  3256. 1:45:13>> Dude, you're if you're you're out no
  3257. 1:45:14matter where you lived, I don't care if
  3258. 1:45:16you even if you're like European or
  3259. 1:45:18Asian, like your algorithm was getting
  3260. 1:45:20bombarded with Knicks [ __ ] everywhere.
  3261. 1:45:23It was crazy.
  3262. 1:45:24>> Memes were so good. And just the people
  3263. 1:45:25going outside going absolutely [ __ ]
  3264. 1:45:26ape [ __ ] We'll pop a bunch of those up.
  3265. 1:45:28The Gary [ __ ] Vaynerchuk. We'll pop up
  3266. 1:45:30that episode as well, him just going
  3267. 1:45:32[ __ ] nuts in the middle of nowhere in
  3268. 1:45:34Poland at like [ __ ] 3:00 in the
  3269. 1:45:35morning.
  3270. 1:45:36>> Yeah, man.
  3271. 1:45:36>> Yeah.
  3272. 1:45:37>> Yeah, Gary Gary's a real fan, man. And
  3273. 1:45:39I'm a I'm I love Gary, but he's he's a
  3274. 1:45:41real one. You know, we've been to the
  3275. 1:45:42games together and we've actually went
  3276. 1:45:44to away games together and he's a
  3277. 1:45:46[ __ ] real one, man.
  3278. 1:45:47>> He is. He loves the Knicks.
  3279. 1:45:48>> I want to just talk a little bit about
  3280. 1:45:49the future and the book before we get
  3281. 1:45:51into Kith Strike. Let's talk about Kith
  3282. 1:45:52today, the future, the legacy.
  3283. 1:45:55I'm going to start with a crazy
  3284. 1:45:56question. Would you ever sell Kith?
  3285. 1:46:01>> I I can't answer forever on anything, to
  3286. 1:46:03be honest. So, I I'm not going to say
  3287. 1:46:05something
  3288. 1:46:06and then, you know, be in a situation
  3289. 1:46:09where I have to do something. I don't
  3290. 1:46:10know. But right now, no.
  3291. 1:46:12As of right now, no.
  3292. 1:46:14>> And that's just how you make decisions,
  3293. 1:46:15period. It's just it's never a hard yes
  3294. 1:46:17or no. Everything is malleable.
  3295. 1:46:18>> Nothing is a hard yes or no, because
  3296. 1:46:20circumstances change in life. And I've
  3297. 1:46:23learned that in so many other
  3298. 1:46:25non-business-related matters. So,
  3299. 1:46:28you know, we take it I like to think 3
  3300. 1:46:31to 5 years out and we take it one day at
  3301. 1:46:33a time, but I've changed my mind on so
  3302. 1:46:35many things so many times, you know? And
  3303. 1:46:38right now, I still have so much to give
  3304. 1:46:41and I'm still able to be as creative as
  3305. 1:46:43I ever have been.
  3306. 1:46:45And I'm able to be a I think a good
  3307. 1:46:47leader and a good boss. And as long as I
  3308. 1:46:49feel
  3309. 1:46:51like that's the case, then
  3310. 1:46:53I I keep going.
  3311. 1:46:54>> What has Kith cost you personally that
  3312. 1:46:57people can't see? I know we talked a
  3313. 1:46:58little bit about the journey.
  3314. 1:47:00>> That's a great That's a great question,
  3315. 1:47:01man.
  3316. 1:47:02Everything.
  3317. 1:47:04It's cost me everything. I mean, this is
  3318. 1:47:08And this is I think
  3319. 1:47:10what the younger generation
  3320. 1:47:13like if there's anything that I could
  3321. 1:47:14pass down
  3322. 1:47:16to the younger generation, it's
  3323. 1:47:18devotion.
  3324. 1:47:19It's like such a an important word. You
  3325. 1:47:22know, and and what I've sacrificed, the
  3326. 1:47:24family time, the weddings,
  3327. 1:47:26[clears throat] the birthdays, the
  3328. 1:47:28vacations, the trips, the you know,
  3329. 1:47:31the friend like I haven't been able to
  3330. 1:47:33build like
  3331. 1:47:35really true friendships,
  3332. 1:47:37you know, where I'm taking time out to
  3333. 1:47:40like and this is why I told you we do
  3334. 1:47:42those trips because it's the only time I
  3335. 1:47:44get to see my my friends.
  3336. 1:47:46And those are my real friends, you know,
  3337. 1:47:48like yeah, we're on group chats and
  3338. 1:47:50you know,
  3339. 1:47:51I [ __ ] around when I can and text and
  3340. 1:47:54talk or whatever, but like it's it's
  3341. 1:47:55very rare. And
  3342. 1:47:57I just I don't have the time to get on a
  3343. 1:47:59call
  3344. 1:48:00and I check I check up on my friends. I
  3345. 1:48:03call my friends like no agenda
  3346. 1:48:07randomly just to see how they're doing.
  3347. 1:48:09And that's what friendships are. No
  3348. 1:48:10agenda is a friendship. That's what
  3349. 1:48:12friendships are, right? So,
  3350. 1:48:14I do check up on them once in a while,
  3351. 1:48:16but I've given up
  3352. 1:48:18I would say the biggest thing I've given
  3353. 1:48:19up is family time.
  3354. 1:48:21And that I don't mean with my wife and
  3355. 1:48:22my kids. I mean with my immediate
  3356. 1:48:24family, you know, my parents, my sister,
  3357. 1:48:27my aunts, my cousin my aunts, my uncles,
  3358. 1:48:29my cousins, like
  3359. 1:48:31we used to when we were kids, we used to
  3360. 1:48:32go away together on like summer
  3361. 1:48:34vacations and that's no longer the case.
  3362. 1:48:37So,
  3363. 1:48:39I think I think that that's um
  3364. 1:48:42but I but I got to say I'm I'm willingly
  3365. 1:48:43doing so.
  3366. 1:48:45No one's forcing me to do that, but I
  3367. 1:48:47know what I need to do to maximize the
  3368. 1:48:49potential of this and that's the problem
  3369. 1:48:51with me and it's it's not a problem. I
  3370. 1:48:53guess it's like a gift and a curse is
  3371. 1:48:55that I always have to maximize the
  3372. 1:48:56potential of whatever it is I'm working
  3373. 1:48:58on.
  3374. 1:48:59Like I'll never do something. If I'm
  3375. 1:49:00sweeping the floor, I'm going to sweep
  3376. 1:49:02the [ __ ] floor. Like the floor will
  3377. 1:49:04be clean. You get what I mean? So,
  3378. 1:49:07it's just the way that I am.
  3379. 1:49:09And when I'm in something, I'm just
  3380. 1:49:11[ __ ] in it.
  3381. 1:49:13>> So, for someone that wants to build what
  3382. 1:49:15you've built outside of devotion, is
  3383. 1:49:18there any other big things that you'd
  3384. 1:49:19want to pass on to the next generation?
  3385. 1:49:23>> Work ethic, and I think that has
  3386. 1:49:26a lot to do with devotion, which is
  3387. 1:49:27getting demonized in this world we live
  3388. 1:49:29in, which is actually
  3389. 1:49:30>> Uh, that's why that's why I bring it up,
  3390. 1:49:31you know, and and also purpose.
  3391. 1:49:35Like
  3392. 1:49:36people are moving without purpose.
  3393. 1:49:39You know, I'm not cut from that cloth
  3394. 1:49:41and I don't come from that era. I'm like
  3395. 1:49:43half my life is pre-internet era. So,
  3396. 1:49:45and I'm so thankful for that.
  3397. 1:49:48I say half my life, but every year that
  3398. 1:49:49changes cuz now I'm 44, so I would say
  3399. 1:49:51like,
  3400. 1:49:52you know, maybe maybe it's like 53, you
  3401. 1:49:55know, 47. But
  3402. 1:49:57moving with purpose, I think
  3403. 1:49:59that would be my the most impo- the most
  3404. 1:50:01important advice that I could give
  3405. 1:50:03someone, but you need the context
  3406. 1:50:04surrounding that.
  3407. 1:50:06Finding a passion and then moving with
  3408. 1:50:08purpose, you know, so like
  3409. 1:50:11being passionate and then being able to
  3410. 1:50:14be
  3411. 1:50:15rewarded with happiness
  3412. 1:50:18as a result of product
  3413. 1:50:21is
  3414. 1:50:24it all of the there there are pieces
  3415. 1:50:26there that then make it worth it, you
  3416. 1:50:29know, but
  3417. 1:50:30for the younger generation that doesn't
  3418. 1:50:32necessarily know what they they don't
  3419. 1:50:34know what they don't know.
  3420. 1:50:35So, like getting started
  3421. 1:50:39is the hardest part, I think, for them
  3422. 1:50:41because
  3423. 1:50:42figuring out what they're passionate
  3424. 1:50:44about is is harder than ever right now
  3425. 1:50:47because they're being thrown so much
  3426. 1:50:49information.
  3427. 1:50:50>> So much [ __ ]
  3428. 1:50:51>> So much [ __ ] that how can you really
  3429. 1:50:53decipher between [ __ ] and substance?
  3430. 1:50:57Like how how how are they going to weed
  3431. 1:50:59through that and then pick
  3432. 1:51:01what they think is the substance that
  3433. 1:51:03will make them happy
  3434. 1:51:04if they work at it.
  3435. 1:51:06>> I just find it so hard to believe that
  3436. 1:51:08there's someone right now
  3437. 1:51:09working at a store in the stock room,
  3438. 1:51:11building their way up and saying,
  3439. 1:51:13"I'll wait 15 years to to get to this
  3440. 1:51:15point." I just I feel like so many
  3441. 1:51:16people are just looking for the fast
  3442. 1:51:17track. That's really what it comes down
  3443. 1:51:19to.
  3444. 1:51:19>> And that and that and that's honestly
  3445. 1:51:21like
  3446. 1:51:22I want to believe that I'm not
  3447. 1:51:26part of the
  3448. 1:51:28reasoning behind that, but
  3449. 1:51:32showcasing the end result of
  3450. 1:51:34product sometimes can
  3451. 1:51:38I think create that emotion. Like the
  3452. 1:51:41end result is what they see. I wish that
  3453. 1:51:43there was a way for me to showcase the
  3454. 1:51:46process
  3455. 1:51:47more than I do. And I'm going to try and
  3456. 1:51:49I've been trying to figure that out. I
  3457. 1:51:51really have been.
  3458. 1:51:54I just I don't want a camera in my
  3459. 1:51:56[ __ ] face all day.
  3460. 1:51:58You know, that that that's my biggest
  3461. 1:51:59and I don't I don't want to like
  3462. 1:52:01>> I did that for 18 months. I had a guy
  3463. 1:52:03follow me around for 12 to 15 hours a
  3464. 1:52:05day.
  3465. 1:52:06Basketball games, Turks and Caicos,
  3466. 1:52:08meetings. It becomes
  3467. 1:52:10it's weird from a social perspective as
  3468. 1:52:12well, too.
  3469. 1:52:13>> That and that's you know, that's
  3470. 1:52:16I'm trying
  3471. 1:52:16>> of How much of your life can you not
  3472. 1:52:17show? I mean, that's the conversation I
  3473. 1:52:18had with Gary, too, off camera. Is it
  3474. 1:52:20just like
  3475. 1:52:22he can't show like you're not going to
  3476. 1:52:24show us the conversation in the room
  3477. 1:52:25with the guy from BMW.
  3478. 1:52:28You know? You're going to show us the
  3479. 1:52:29B-roll.
  3480. 1:52:30>> I wish that people were there for that,
  3481. 1:52:32but I'm here to tell those stories. You
  3482. 1:52:34know, it's not like I don't have those
  3483. 1:52:35stories to tell. So,
  3484. 1:52:38you know, eventually uh those stories
  3485. 1:52:40will all come out in detail,
  3486. 1:52:42uh whether it's now or post my career,
  3487. 1:52:44whatever it is. And I and I'm here doing
  3488. 1:52:46this podcast because I want to give
  3489. 1:52:48information.
  3490. 1:52:50So, if the right questions are asked,
  3491. 1:52:51I'll sit down and I'll gladly uh speak
  3492. 1:52:53on it
  3493. 1:52:54because I want to inspire the youth. And
  3494. 1:52:57you know, through our Connect
  3495. 1:52:58Foundation, where we bring kids in and
  3496. 1:53:00we bring like a cohort of 15 kids in
  3497. 1:53:03every year. And we change their lives.
  3498. 1:53:05They're like juniors in high school when
  3499. 1:53:07they come in
  3500. 1:53:08and they get to see what we do and
  3501. 1:53:10you know, they they they get a you know,
  3502. 1:53:12they get a a mentor
  3503. 1:53:14um in different categories of the
  3504. 1:53:15business
  3505. 1:53:16and we help kids that wouldn't typically
  3506. 1:53:19end up going to college. We help um
  3507. 1:53:22you know, make sure that they then
  3508. 1:53:23attend and we have like a 100%
  3509. 1:53:26conversion rate on that.
  3510. 1:53:28>> That's dope. I didn't know that. Guys,
  3511. 1:53:29I'm going to pop down below some
  3512. 1:53:30information on that. I did not know
  3513. 1:53:31that.
  3514. 1:53:31>> Yeah. Yeah, and it's it's a huge um
  3515. 1:53:35It's a It's It's a big part of what we
  3516. 1:53:37do. Uh I have some great personnel
  3517. 1:53:39between Emily and Sharifa who head this
  3518. 1:53:42um foundation within my office in
  3519. 1:53:45Williamsburg.
  3520. 1:53:46And it's it's a big part of the purpose
  3521. 1:53:49around what I do. I'm trying to affect
  3522. 1:53:50people's lives by giving them the
  3523. 1:53:53information and the access so they that
  3524. 1:53:55they they could build a passion for
  3525. 1:53:57something, you know, like
  3526. 1:53:59And I It's not for everybody and not
  3527. 1:54:00everybody will become passionate about
  3528. 1:54:02it, but if I could affect a few people
  3529. 1:54:04by giving them insight and by giving
  3530. 1:54:06them, you know, a foot in the door, then
  3531. 1:54:09that's I think that that's the best that
  3532. 1:54:11I can do, you know?
  3533. 1:54:13>> You've passed off a lot on this book.
  3534. 1:54:15Let's talk about this book. I know
  3535. 1:54:16you're going to have a lot more coming
  3536. 1:54:16down the pipeline. I have the 10-year
  3537. 1:54:18book. The 15-year book is coming out
  3538. 1:54:19soon. Why don't you tell us just a
  3539. 1:54:20little bit about the book?
  3540. 1:54:23>> The book is
  3541. 1:54:24>> [ __ ] monstrous.
  3542. 1:54:25>> It's I think it's the biggest book that
  3543. 1:54:27Asuline has ever created.
  3544. 1:54:29Actually, I know it is. It's definitely
  3545. 1:54:31the heaviest.
  3546. 1:54:32>> [laughter]
  3547. 1:54:33>> And what the book represents is the full
  3548. 1:54:36archive of every footwear release and it
  3549. 1:54:39was re-shot and the whole book is shot
  3550. 1:54:41by Tyler.
  3551. 1:54:43>> He's an OG with the brand.
  3552. 1:54:44>> OG with the brand.
  3553. 1:54:46The only If Tyler wouldn't shoot this
  3554. 1:54:48book, I wouldn't make the book.
  3555. 1:54:51Truthfully.
  3556. 1:54:52And
  3557. 1:54:53>> Tyler's giving you those flowers.
  3558. 1:54:54>> Nah, he knows that. I give him flowers
  3559. 1:54:56every time I speak to him. So, like this
  3560. 1:54:58So, the all of the shoes were re-shot.
  3561. 1:54:59It took a long [ __ ] time. I think it
  3562. 1:55:01took like 8 months.
  3563. 1:55:04And then the index, so like
  3564. 1:55:06it it shows it's by brand and it's
  3565. 1:55:08chronologically by brand. And then
  3566. 1:55:12Why don't you take a look at this? And
  3567. 1:55:13then at the end of the book
  3568. 1:55:16>> We're going to do a ton of b-roll on
  3569. 1:55:16this book, too, but yeah.
  3570. 1:55:18>> At the at the end of the book you have
  3571. 1:55:20the index and the index is all of my
  3572. 1:55:23>> This is massive.
  3573. 1:55:24>> No, the book is the book is crazy, man.
  3574. 1:55:28>> Damn.
  3575. 1:55:30>> Yeah, it's everything. It's everything
  3576. 1:55:32that we released and then the index, go
  3577. 1:55:34to the end of the book where the page
  3578. 1:55:35quality changes.
  3579. 1:55:37>> Wow.
  3580. 1:55:39>> Oh, yeah. You're going to wow every
  3581. 1:55:40page, so don't do that. Oh, and that's
  3582. 1:55:42everything. I'm just going to flip to
  3583. 1:55:44the last page.
  3584. 1:55:44>> say, I mean, we said a bunch of things.
  3585. 1:55:46I think collabs is is is a big one. Your
  3586. 1:55:48product photography.
  3587. 1:55:51>> Yeah, we take that seriously.
  3588. 1:55:52>> I mean, that is you are the number one
  3589. 1:55:55reference point
  3590. 1:55:56on that.
  3591. 1:55:57>> I appreciate that.
  3592. 1:55:58>> Wow, this is insane.
  3593. 1:56:01>> Yeah, so it's it's by brand and
  3594. 1:56:03therefore, you know, the purpose of the
  3595. 1:56:04index is so you could see the samples
  3596. 1:56:07leading up to the
  3597. 1:56:08final product.
  3598. 1:56:10You understand what I'm saying?
  3599. 1:56:11>> Yep.
  3600. 1:56:12>> So that people can understand the work
  3601. 1:56:14that goes behind it and
  3602. 1:56:16>> Wow, on a per SKU perspective, you're
  3603. 1:56:18showing the match. Oh, wow, it's so
  3604. 1:56:19cool.
  3605. 1:56:19>> Exactly. And then the bold letters are
  3606. 1:56:22represent the style that was released.
  3607. 1:56:24And the non-bold letters are the samples
  3608. 1:56:26leading up
  3609. 1:56:27to the release.
  3610. 1:56:29And sometimes they don't release at all.
  3611. 1:56:31Sometimes it's just none of them are
  3612. 1:56:32bold.
  3613. 1:56:33Cuz they don't release.
  3614. 1:56:35>> Ronnie's got a
  3615. 1:56:36$20 million fund on the uh protos here.
  3616. 1:56:39Geez, man.
  3617. 1:56:40It's really wild to see some of these, I
  3618. 1:56:42mean, have multiple protos, obviously,
  3619. 1:56:43before. What do you hope people
  3620. 1:56:46think about Kith in another 15 years
  3621. 1:56:48under the the notion that you're
  3622. 1:56:49thinking through that lens before we get
  3623. 1:56:50into these final questions here?
  3624. 1:56:54>> I'm going to expand
  3625. 1:56:57what it is that we do.
  3626. 1:56:59That's my biggest That's like right now
  3627. 1:57:02what makes me happy and what makes me
  3628. 1:57:04like excited is thinking about what we
  3629. 1:57:07haven't done and then attacking it.
  3630. 1:57:10And and accomplishing
  3631. 1:57:13certain aspects of this world that
  3632. 1:57:16people in my position wouldn't even dare
  3633. 1:57:17to think about.
  3634. 1:57:20You know,
  3635. 1:57:21be being I got to tell you like the most
  3636. 1:57:23frustrating part of
  3637. 1:57:26what I what I do and I should say like
  3638. 1:57:29in the earlier years specifically was
  3639. 1:57:33people trying to dictate what it is that
  3640. 1:57:35I should be doing
  3641. 1:57:37and what I shouldn't be doing. Like what
  3642. 1:57:39are you doing that for? Like
  3643. 1:57:41you know, like their vision of the brand
  3644. 1:57:45has a start and an end point.
  3645. 1:57:48When really the brand is my life.
  3646. 1:57:51So the end point to me currently today
  3647. 1:57:53is when I die.
  3648. 1:57:55Right? So
  3649. 1:57:57I have dreams of [ __ ] that I would like
  3650. 1:58:00to do.
  3651. 1:58:01A lot of different
  3652. 1:58:04avenues of like light of lifestyle.
  3653. 1:58:09Human behavior. I want to change human
  3654. 1:58:11behavior
  3655. 1:58:13and have a positive impact on people's
  3656. 1:58:16lives, right? And that's
  3657. 1:58:18IV is the start of that.
  3658. 1:58:20You know?
  3659. 1:58:21And I think that where it goes from
  3660. 1:58:22there
  3661. 1:58:23is uncharted territory obviously, but I
  3662. 1:58:26have I have plans that I'm in the middle
  3663. 1:58:28of
  3664. 1:58:30ideating and putting on paper.
  3665. 1:58:32>> In the realm of hospitality?
  3666. 1:58:35Starting from there?
  3667. 1:58:35>> Hospitality is a portion of it.
  3668. 1:58:38But I'm going to even like
  3669. 1:58:41thinking about getting into a membership
  3670. 1:58:43club and then having the impact that we
  3671. 1:58:45did
  3672. 1:58:46on that category
  3673. 1:58:49I changed people's lives. Like people
  3674. 1:58:53tell me it's
  3675. 1:58:55like their lives are so much better
  3676. 1:58:57because of the club that they're members
  3677. 1:58:59of, you know?
  3678. 1:59:00>> Good food. I've been there.
  3679. 1:59:01>> Yeah, great food, but but the purpose of
  3680. 1:59:03the club, you know? And and that's just
  3681. 1:59:06one avenue. A membership club is one
  3682. 1:59:08avenue. I'm speaking about other things
  3683. 1:59:10that I'm going to get into, you know?
  3684. 1:59:11And hospitality is definitely a like a
  3685. 1:59:13passion of mine right now.
  3686. 1:59:15>> Love that. That'll be a part two. All
  3687. 1:59:16right, we're going to fire off a million
  3688. 1:59:18[ __ ] questions right now. Before you
  3689. 1:59:20go, I'd love your your opinion on this
  3690. 1:59:22stuff.
  3691. 1:59:22>> choice or what have we got?
  3692. 1:59:24>> Kind of, yeah. They're They're quick and
  3693. 1:59:25easy.
  3694. 1:59:26>> Okay.
  3695. 1:59:26>> Um one word to describe Nigel Sylvester.
  3696. 1:59:30>> There's so many things that I could say
  3697. 1:59:31right now. You want me to say one word?
  3698. 1:59:33>> Um I was going to say menace.
  3699. 1:59:35>> There's so many words that I could use
  3700. 1:59:37right now. He's like
  3701. 1:59:38a gem.
  3702. 1:59:40That's what I would say.
  3703. 1:59:40>> Jonah Hill.
  3704. 1:59:43>> A product nerd.
  3705. 1:59:45>> Jason Alexander.
  3706. 1:59:47>> One of our best shoots.
  3707. 1:59:49>> David Grutman.
  3708. 1:59:50>> A unicorn.
  3709. 1:59:52>> Greg Yuna.
  3710. 1:59:54>> Actually the unicorn, but I'll say uh
  3711. 1:59:56>> He should be the menace, actually.
  3712. 1:59:59>> Just a really a really great friend.
  3713. 2:00:01A really, really great friend.
  3714. 2:00:03>> Your dad.
  3715. 2:00:05>> Most important person in my life.
  3716. 2:00:08>> I'm going to go through a couple brands.
  3717. 2:00:09I'd love to know what you think their
  3718. 2:00:10superpower is in the marketplace. Okay.
  3719. 2:00:13Adidas.
  3720. 2:00:15>> Their superpower is their history of
  3721. 2:00:17court shoes.
  3722. 2:00:19>> New Balance.
  3723. 2:00:21>> The only independent brand left in that
  3724. 2:00:25top tier of footwear.
  3725. 2:00:27>> ASICS.
  3726. 2:00:29>> The Japanese perfection
  3727. 2:00:32that I admire.
  3728. 2:00:33>> Clarks.
  3729. 2:00:35>> Modern No.
  3730. 2:00:37Craftsmanship brought into the modern
  3731. 2:00:38era.
  3732. 2:00:40>> On.
  3733. 2:00:42>> Disruptor.
  3734. 2:00:43>> Wilson.
  3735. 2:00:44>> Strongest tennis
  3736. 2:00:47heritage.
  3737. 2:00:49Best designer not named you?
  3738. 2:00:52Giorgio Armani.
  3739. 2:00:55Top three sneakers or shoes in your
  3740. 2:00:56personal collection?
  3741. 2:00:59Specific shoes?
  3742. 2:01:00>> Yeah.
  3743. 2:01:01>> My Salmon Toe 6s that I'm wearing today
  3744. 2:01:04cuz of what it meant in my career,
  3745. 2:01:06the Air Max 95 neon
  3746. 2:01:09in a new iteration that I can't talk
  3747. 2:01:12about
  3748. 2:01:13yet.
  3749. 2:01:15And I would say
  3750. 2:01:17New Balance
  3751. 2:01:20990v3 in this UA colorway that's coming
  3752. 2:01:23out with this book because that's the
  3753. 2:01:25shoe that I always wanted in that
  3754. 2:01:27colorway and it's finally coming
  3755. 2:01:28together.
  3756. 2:01:28>> The most underrated garment ever
  3757. 2:01:30released by Kith.
  3758. 2:01:33>> Every time we work on leather product
  3759. 2:01:36out of Italy. So, we have this like this
  3760. 2:01:38new calfskin that we that we sourced out
  3761. 2:01:40of New Zealand that I really love and we
  3762. 2:01:42made this leather jacket for fall. It's
  3763. 2:01:44this burgundy leather jacket that you're
  3764. 2:01:46also going to pop up on the screen right
  3765. 2:01:47here.
  3766. 2:01:48>> Hey.
  3767. 2:01:49>> The I I would say our leather garments
  3768. 2:01:51out of Italy.
  3769. 2:01:52>> Uh looking back the collab Sole Provider
  3770. 2:01:54retailer, what was that one moment that
  3771. 2:01:56you think Kith really broke through?
  3772. 2:02:00>> I think there are a lot of before and
  3773. 2:02:02after moments for the brand, but I I
  3774. 2:02:04will say I think the moment with LeBron
  3775. 2:02:06was was massive [clears throat] when we
  3776. 2:02:08opened the LA store cuz we opened LA
  3777. 2:02:11with LeBron.
  3778. 2:02:12>> What about Pippen, too?
  3779. 2:02:13Or no, was that
  3780. 2:02:14>> Yeah, the Pip Pippen
  3781. 2:02:16it it Pippen opened the Pippen project
  3782. 2:02:18opened my
  3783. 2:02:19the Lafayette building
  3784. 2:02:21>> Yeah.
  3785. 2:02:21>> that I was telling you about when we
  3786. 2:02:23moved from from Broadway. And the LeBron
  3787. 2:02:25project opened the LA store, but working
  3788. 2:02:28with LeBron, you know, a a lot of people
  3789. 2:02:30don't know this, but I directed a
  3790. 2:02:32documentary about LeBron on and off the
  3791. 2:02:34it was called Long Live the King and it
  3792. 2:02:36was about his life on and off the court.
  3793. 2:02:38That was a great process and I think
  3794. 2:02:40that
  3795. 2:02:41working with Nike on that, that was like
  3796. 2:02:43working with Nike's pinnacle athlete on
  3797. 2:02:46presenting a new silhouette in the 15
  3798. 2:02:50for the first time on the runway when we
  3799. 2:02:52did our fashion show, and then having a
  3800. 2:02:54shared patent with Nike on that
  3801. 2:02:56silhouette that had a zipper that zipped
  3802. 2:02:58all the way down the middle of the shoe
  3803. 2:02:59that he played with, and then creating
  3804. 2:03:01the shoes for his high school and my
  3805. 2:03:02high school, like that moment was
  3806. 2:03:04legendary. I think that that was
  3807. 2:03:06probably the biggest before and after
  3808. 2:03:08moment. There have been really big
  3809. 2:03:10moments after that, but I think that
  3810. 2:03:12that was a that was a game-changer.
  3811. 2:03:14>> Best business advice you ever got?
  3812. 2:03:16>> How about this? I won't give you the
  3813. 2:03:18business advice, but I'll give you life
  3814. 2:03:20advice that then apply to business is
  3815. 2:03:23everyday should be unwrapped like a
  3816. 2:03:24precious gift.
  3817. 2:03:26>> It's nice. Mount Rushmore of Kith
  3818. 2:03:28campaigns, pick four of them, the most
  3819. 2:03:31iconic. We're going to pop them up.
  3820. 2:03:37>> Seinfeld
  3821. 2:03:41Edward Norton
  3822. 2:03:43Scorsese
  3823. 2:03:49and Adrien Brody.
  3824. 2:03:53>> Proudest not work moment in your life.
  3825. 2:03:56>> Both of my kids.
  3826. 2:03:58Having both of my kids, both of my
  3827. 2:03:59girls.
  3828. 2:04:00>> Love that. Last four questions I ask
  3829. 2:04:02everybody. Favorite book or podcast and
  3830. 2:04:04why?
  3831. 2:04:06>> Favorite book
  3832. 2:04:08would be Right of a Lifetime.
  3833. 2:04:12>> Lyle Lyle Lyle
  3834. 2:04:13>> Yeah.
  3835. 2:04:15>> You a podcast guy?
  3836. 2:04:16>> I listen as much as I could. Again, like
  3837. 2:04:19I don't have I live close to work, so I
  3838. 2:04:22don't have that time.
  3839. 2:04:23But sometimes taking a trip out east,
  3840. 2:04:25I'll listen to I'll listen to podcasts.
  3841. 2:04:27My favorite podcast episode I would say
  3842. 2:04:31was the
  3843. 2:04:33I would say it was Senra
  3844. 2:04:36um
  3845. 2:04:38>> Travis?
  3846. 2:04:38>> No. Steve Stoute.
  3847. 2:04:41Because Steve We need to get Steve
  3848. 2:04:42Stoute on here. Yeah, Steve Steve Stoute
  3849. 2:04:44is such such an important person in, uh,
  3850. 2:04:47I I just I I loved everything like his
  3851. 2:04:50his BTS commentary on like how things
  3852. 2:04:53were happening
  3853. 2:04:55behind closed doors in
  3854. 2:04:57in music but also in in marketing gave
  3855. 2:05:00me so much insight that I love to hear.
  3856. 2:05:01So, I hit him up as soon as I heard that
  3857. 2:05:03podcast. That was so much information
  3858. 2:05:05that I didn't know about beforehand and
  3859. 2:05:08I think that the best podcast actually
  3860. 2:05:10like educate you and and open up your
  3861. 2:05:13eyes to to things you don't know about.
  3862. 2:05:15>> Great storyteller. Yeah. Entrepreneur or
  3863. 2:05:17brand that you want to give flowers to
  3864. 2:05:18and why?
  3865. 2:05:20>> I'm going to say Aimé Leon Dore
  3866. 2:05:22because
  3867. 2:05:24I've known Teddy
  3868. 2:05:25since he worked at a diner
  3869. 2:05:28and I've seen him
  3870. 2:05:31just do really beautiful things and tell
  3871. 2:05:33beautiful stories and
  3872. 2:05:35also bring his life and lifestyle into
  3873. 2:05:39what he loves the most
  3874. 2:05:41which right now he loves boating and
  3875. 2:05:43you know, you're seeing that transfer
  3876. 2:05:46into the brand. So, he's bringing his
  3877. 2:05:47life into the brand which which I know
  3878. 2:05:49is very rewarding but also very
  3879. 2:05:51difficult to do.
  3880. 2:05:52>> Great brand. I'm glad you said it too
  3881. 2:05:54cuz I never know how to pronounce it.
  3882. 2:05:55Yeah. How big can Kith be? Last
  3883. 2:05:57question.
  3884. 2:05:58>> No ceiling.
  3885. 2:05:59There is no ceiling.
  3886. 2:06:01>> Good ending. Appreciate you, bro.
  3887. 2:06:02>> Thanks a lot, man. Appreciate it.
  3888. 2:06:04>> [music]
  3889. 2:06:29[music]
  3890. 2:06:40[music]
  3891. 2:06:44>> Hey.

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