The Elder Statesman Founder: Greg Chait – Cashmere, Colour, Leadership, & Playful Luxury

14 Jan 2026 · 1 h 18 min · 30 chapters

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The Gstaad Guy Podcast - Episode Summary

Episode Title

The Elder Statesman Founder: Greg Chait – Cashmere, Colour, Leadership, & Playful Luxury

Episode Overview In this episode of *The Gstaad Guy Podcast*, host The Gstaad Guy interviews Greg Chait, the founder of The Elder Statesman. They discuss Greg's unconventional journey from throwing parties and collecting blankets to establishing one of the fashion industry's most distinctive luxury brands. The conversation touches upon creativity, leadership, and the importance of staying true to one's vision amidst the challenges of entrepreneurship.

Key Themes

  1. Origin Story
  2. Background: Greg Chait shares his early exposure to fashion and how his first experience with cashmere ignited his passion.
  3. First Cashmere Blanket: A pivotal moment was receiving a blanket from Gucci, which led him to start collecting premium blankets.
  4. Building a Brand: Greg emphasizes the importance of intuition over trends in his creative philosophy.
  1. Craftsmanship and Creativity
  2. Yarn and Colour: The conversation explores Greg’s fascination with yarn and how he differentiated his products through color and texture, particularly in his unique approach to tie-dye on cashmere.
  3. Evolution of Products: Transition from blankets to ready-to-wear knitwear, including women's wear and home goods.
  1. Value Alignment and Collaborations
  2. Creative Partnerships: Discussion about value alignment, creative collaborations, and how customers can become partners.
  3. Brand Identity: Greg reflects on the time it takes to build a brand identity and the importance of creating a brand with soul.
  1. Leadership and Personal Growth
  2. Empathy and Emotional Awareness: Greg discusses the role of empathy in leadership, his personal experiences with therapy, and how fatherhood has changed his perspective.
  3. Balancing Artistry and Business: The challenge of being both a creative and an operator while maintaining the integrity of the brand.

Key Takeaways

  • Playful Luxury: Greg’s vision for The Elder Statesman is rooted in playful luxury, which contrasts with traditional heavy perceptions of luxury.
  • Long-Term Vision: Building a successful brand takes time, with many well-known brands taking decades to establish their identities.
  • Importance of Authenticity: The need for genuine storytelling and transparency in luxury goods to combat customer confusion in the marketplace.

Chapters

  • (00:00) Intro
  • (01:26) Positive Luxury
  • (02:25) The Origin Story
  • (04:31) Discovering Number Nine
  • (07:26) “It’s All About The Yarn”
  • (10:25) From Blankets To Ready-To-Wear Knitwear
  • (24:04) Value Alignment
  • (30:40) Designing The Retail Experience
  • (42:29) Behind The Name: The Elder Statesman
  • (54:04) The Beauty Of Being A Founder
  • (58:03) The Next Phase Of The Brand
  • (1:05:18) There Is No Easy Path To Success
  • (1:09:14) Therapy
  • (1:11:13) À La Poubelle vs. Fantastique

Conclusion This episode provides a deep exploration of Greg Chait's journey, emphasizing the interplay between creativity, branding, and personal evolution. Greg’s story serves as an inspiration for aspiring entrepreneurs to embrace their unique paths and remain true to their visions while navigating the challenges of building a brand.

Listeners are encouraged to reflect on their journeys and the importance of authenticity in their work.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

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Exploring Playful Luxury

2:25 to 3:24

Discussion on the essence of playful, lighthearted luxury in fashion.

“is one I've always been so curious about and so passionate about and the category that I'm even trying to get into myself through Pubelle and through my jewelry.”

The Birth of Elder Statesman

3:24 to 5:30

Greg shares the origin story and early experiences leading to the brand's creation.

“They saw that I'd become director of marketing of this company at a pretty young age, like 23 or something.”

Influences and Inspirations

5:30 to 7:30

Discussion on what influenced Greg's approach to design and branding.

Crafting Unique Cashmere

7:30 to 11:01

Greg discusses the uniqueness of hand-dyed cashmere and its production process.

“And in my mind, I kind of started piecing together this perfect blanket that must exist, kind of like that really innocent kid from Arizona that goes to the mall, like must exist sort of thing.”

Transition to Ready-to-Wear

12:30 to 13:20

Exploration of Greg's transition from blankets to ready-to-wear fashion.

“your love for the touch of cashmere, to moving into ready-to-wear and knitwear?”

From Blankets to Beanies: The Early Days

14:10 to 17:18

Greg discusses his initial product launches, focusing on blankets and beanies.

“He was the first one in America, I think, pretty much to launch Armani.”

Understanding the Clientele

17:19 to 19:58

Exploring the demographics and characteristics of early customers of his products.

“And we I think we made like 10 more and then I'm like, well, we should do something else.”

Entering the Fashion World

19:59 to 21:50

Greg shares how he expanded his business through connections in Paris.

“There's always some sort of story, which I actually think is really important for companies that aim to be around a long time.”

Building the Brand: Accidental Success

21:51 to 24:50

The evolution of Greg's brand from blankets to a full-fledged company.

“So I showed up in Paris thinking that I had a couple men's sweaters because I was the fit model.”

The Shift to Women's Wear and Color

24:51 to 27:37

Discussion on the transition to women's fashion and the introduction of colors.

“But still, these stores are not retailers to me.”
Show all 30 chapters

Innovations in Cashmere

27:38 to 28:01

Greg reflects on his pioneering approach to tie-dye and colorful cashmere products.

The Origins of Tie-Dye Cashmere

28:01 to 29:03

Discover how Greg Chait pioneered tie-dye on cashmere and its impact.

“I mean, I didn't know everyone living in the world, but...”

The First Encounters with Elder Statesman

29:04 to 30:49

Hear about the first impressions of the Elder Statesman brand and its unique appeal.

“And they always wore these cool and colorful things.”

Curated Shopping Experiences and Art

30:50 to 32:06

Discuss how art influences boutique shopping and brand curation.

“So these sort of resort boutiques service a very unique client.”

Creating Unique Retail Spaces

32:07 to 33:53

Learn about the thought process behind the design of retail locations.

The Emotional Icon: Cashmere Teddy Bears

33:54 to 35:19

Explore the story behind the massive cashmere teddy bears and their significance.

“And the Aspen shop has just a giant window looking out over the mountains.”

The Long-Term Vision for the Brand

38:01 to 42:00

Uncover Greg's philosophy on brand longevity and identity development.

“expanding the distribution, but still staying very niche.”

The Importance of Privacy and Brand Identity

42:00 to 44:20

Explore the balance between personal privacy and brand visibility.

“But with you, it's not communicated anywhere.”

Customer Values and Brand Connection

44:20 to 48:21

Understand how customer values reflect the brand's ethos and aesthetic.

“getting to be 18 and whatever I was, 19, 18, working for Whitney and just seeing what lack of privacy does and getting to actually live a life.”

Creative Operations and Business Growth

48:21 to 51:16

Learn about the intersection of creativity and operational management in business.

Navigating Challenges in Business Growth

51:16 to 56:00

Discuss the unglamorous aspects of business growth and the need for expert support.

“And I've been friends with Jens and Emma for kind of ages before this.”

The Unglamorous Side of Growth

56:00 to 58:00

Explore the challenges of managing a growing business and the importance of empathy in leadership.

Fatherhood and Personal Transformation

58:00 to 59:50

Learn how becoming a father has shaped Greg's perspective and creativity.

“And I was more joyful and bright, you know, being like the dad of a, like a three-year-old girl.”

Future of The Elder Statesman Brand

59:50 to 1:02:50

Discover Greg's vision for the future of his brand amidst changing retail landscapes.

“You know, I mean, we have, like, what a team, right?”

Connecting with Customers Globally

1:02:50 to 1:05:30

Discuss the overlap between urban and resort customers, emphasizing shared experiences.

“So it's actually, it's actually like it's, there's a small, you know, there's a small amount of people and places and we're in that range.”

Navigating the Challenges of Entrepreneurship

1:05:30 to 1:07:40

Understand the emotional toll and realities of running a successful brand.

“and what you've built there's people even better than us So then I have to nod my head.”

The Paradox of Modern Support Systems

1:07:40 to 1:10:01

Examine the complexities of accessing support in today's world and the importance of personal connections.

“I know wasn't the case and I think it's not the case for pretty much anyone that has been in a hard game for a long time, and it can be emotionally taxing.”

The Importance of Authentic Connections

1:10:01 to 1:13:06

Explore the value of genuine relationships and self-care practices.

“and what steps do I take to listening to someone?”

Game: À la Poubelle vs. Fantastique

1:13:08 to 1:15:40

Engage in a fun discussion about what to discard and celebrate in society.

“we always play a game of à la poubelle versus fantastique.”

The Uniqueness of Human Experience

1:15:41 to 1:16:06

Discuss the irreplaceable nature of human talent and authenticity.

“And AI will never replace sports because you can fake 101 things, but the human talent and the human experience is something that's just going to be there to stay forever.”
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Transcript

Automatic transcript. May contain errors.

0:00The Gstaad Guy:This episode is brought to you by Indeed. Stop waiting around for the perfect candidate. Instead, use Indeed Sponsored Jobs to find the right people with the right skills fast. It's a simple way to make sure your listing is the first candidate C. According to Indeed data, Sponsored Jobs have four times more applicants than non-sponsored jobs. So go build your dream team today with Indeed. Get a$75 Sponsored Job Credit at Indeed.com slash podcast. Terms and conditions apply.

0:56The Gstaad Guy:So good, so good, so good. but I really appreciate you agreeing to do this of course um thank you for having me thank you for being here um I know we are friends but I'm a fan first I made that very clear every time we see each other a big fan of you and everything you've you've done with Elder Statesman thank you yeah no you've uh when you first reached out to me I was I was a little scared yeah if I'm gonna be totally I was like what is happening here so and then like slowly we met and then he came over and we hung out and then I was like, oh, this kid's a sweetheart. I appreciate it. And then I'm like, oh, this is totally a character.

1:33I appreciate it. But I didn't know.

1:35The Gstaad Guy:Yeah. I guess that means I'm playing into the character. Yeah, dude, you sell it well. But Colton was much more heavily featured. In Elder Statesman. Yes, back in the day. Yeah, it's true. I slowed down Colton slowly, partially because I don't enjoy playing him as much, but also the audience just I think there was a deeper shock factor for Constance naturally everyone knows a Colton few people know a Constance everybody knows a Colton everybody knows around the world with your host the Stardguy we welcome you back to the Stardguy podcast sharing stories of excellence with those in the know for those who just know But your category of business and the category you create in is one I've always been so curious about and so passionate about and the category that I'm even trying to get into myself through Pubelle and through my jewelry.

2:40The Gstaad Guy:But it's this playful, lighthearted, and positive luxury. I think luxury over the years in some ways is quite heavy. yeah and the elder statesman still has all those notes of the exceptional touch exceptional silhouettes but it's light it's colorful it's happy which is a reflection of you so it's uh thank you i mean someone once said that usually brands are shadows of their founders and i'm like not that serious but i'm like totally serious about certain stuff but like generally speaking like i love having fun and yeah it's better if there's a good story around it absolutely I'd love to hear the origin story and how the elder statesman was born.

3:30In comes my friends from Australia. They saw that I'd become director of marketing of this company at a pretty young age, like 23 or something. And they came over. I was throwing this big party for the VMAs in Miami. And we partied for a week and had so much fun. They're like, you need to help us with Subie. I'm like, I have no idea what I'm doing with this. like you're smart you'll figure it out so they left me the collection on my living room floor and i left it there for about a month and a half well they even opened the bag i was like so i had some contacts you know i had some friends i'm like you know i know some people from entertainment i'm gonna call this guy from gq so the guy picked up my phone call and said yeah i'll see it he's like this is great i'm like you know i'm gonna call vogue and so i randomly called my fairy godmother a god friend at uh was uh meredith melling burke okay but i called her i got this thing i would love to show you and i didn't know at the time again i think the ignorance was bliss sort of thing i showed up in new york with this collection of stuff and i didn't know that they usually meet you in the front but she like invited me back and was just so nice to me and I just thought everything was so I didn't know that this industry was tough at first so I just kind of it was like a it was like a bait and switch you know like first experiences were like easy and kind and so I ended up working at the firm in the day doing subie at night I opened a bar actually opened two bars oh I have a girlfriend right around this time that's her fashion IQ is is super high like as good as it gets and she in that relationship i guess i learned like how to train like what style how it was translated into actually what a brand is and the first brand i the where i really clicked i found this company called number nine which is a japanese company and it was here in new york there's a store on washington and you know you couldn't find it and the guy actually al who i ended up working with for years um he would actually lower the gate so you actually couldn't find it well all the time and it was this perfect japanese company of like i'm like this is everything that i've always imagined but didn't have words for and this is what i understand it what type of clothes were they making it was just like the perfect t-shirts uh it's hard god how do i it's like everything that you want and i heard the restarting it well with the original guy takuhiro it was like kind of my hero it's mostly like essentials essentials but like really great takes on it like things that it's like kind of rock and roll but not in the way that you're like trying to be rock and roll it's like like the perfect t-shirts the perfect jeans perfect cashmere things fine flannels whatever but like just that touched where it was like that's special you could tell everything from there was special that helped me understand what a brand was and in the meantime i forgot this bit so i hope i helped tom ford's gucci when i was at the firm for something with the oscars they were really amazing they sent me i get this gift from their head of vip this girl megan quinn who i'm still friends with today and from tom and it was a thank you and it was a casual blanket here you are this from gucci it was actually not a gucci blanket it was some i actually don't remember the name it was just some not random but very small mill in italy and i had never touched anything like this before and it was a brown very simple very simple single ply you know just knit blanket but it like blew my mind i started getting to go around the world and i started looking for blankets and I started collecting them.

7:30The Gstaad Guy:Okay. And in my mind, I kind of started piecing together this perfect blanket that must exist, kind of like that really innocent kid from Arizona that goes to the mall, like must exist sort of thing. And were they always premium blankets? Always. Yeah, yeah, yeah. So I was like... Looking for the best blankets. Looking for the blankets. And it was definitely, I understood immediately it was the Scots or the Italians at the time. That was it. And then I learned that I was so into the stuff that the Scots had a very particular way of treating their yarn, which was a little bit more durable, and the Italian yarn was a bit softer.

8:13And I had this idea of this really thick, yet super luxurious, not-so-perfect blanket, and it just honestly didn't exist. my friend connected me with these folks up in the pacific northwest who hand spun yarn and knit so i learned that okay this is all about the yarn i like somehow figured this out this is i wish i picked up a guitar and was able to like figure that out or something but i figured out yarn that was my my thing so i had them make me a couple blankets in the image that i'd been thinking about and they were able to do it because i could actually make the yarn too i can make the yarn and i can have them do one stitch at a time and i ended up with these 59 inch by 79 inch um 10 i don't know what it is in kilos it's like four point something kilos blankets.

9:12The Gstaad Guy:Wow. Yeah. Those are the first things. The first. And I just made them for myself. That's how there's no elder statesman. Nothing. Nothing. And where did the love for the color and the expression come from? I understand that love at first touch moment, which a lot of people, I think, feel with their first cashmere experience. Yeah, the color. It was probably, it was process fine like when i first started dying things and i start first started getting to get closer to your friends at laura piano this is um when i was i was actually connected to pg laura piano who really helped me out at the beginning directly um a great great man what a guy i haven't seen him in many years but uh he really helped me out at the for a while just by letting me into the and i was like into the facilities i'd go visit and and i saw all this like wonder and i'm like i couldn't not do it like i couldn't not play with color and i had these made-up color theories that i was doing and it just kind of jumped from there and then i started figuring out these processes and the processes would create different variations of said color and then it started getting quite psychedelic because my life was quite psychedelic.

10:34So are there no two sweaters that are hand-dyed that are the same? It's impossible. That just proves that it's handmade. Wow. That's what I like with a lot of really well-made things. And by hand, the fact that they're not precise proves that they're made by hand. The imperfection is the beauty. Yeah, and it's like a small percentage, and that makes it the difference between handmade and homemade.

11:01The Gstaad Guy:And I know that post-dying, you also dry them in the sun, right? Yes. I saw that at your factory. Yes, that was because I started doing it at home, and I didn't have the cool dryers that they had in Italy. There was no knitwear, like cashmere business. Telepoint knit in Italy. So I'm like, I'll use the sun, because when understanding what makers do, I mean, you look at India or people are drying things outside. I'm like, well, I'm going to try this. I'm going to just lay this outside and it'll dry it perfectly. And you have a lot of it in California. Correct. It's crunch time at work and you need to bring wings to your workday.

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11:59The Gstaad Guy:score more with the college branded Venmo debit card and earn up to 5 % cash back with Venmo stash got paid back with the Venmo debit card you can instantly access your balance and spend on what you want like game day snacks gear, tickets and more the more you do the more cash back you can earn plus there's no monthly fee or minimum balance sign up now at Venmo.com slash college card The Venmo MasterCard is issued by the Bancorp Bank N.A. Select schools available. Venmo stash terms and exclusions apply at venmo.me slash stash terms. Max$100 cash back per month. So how do you transition from your love for these blankets, your love for the touch of cashmere, to moving into ready-to-wear and knitwear?

12:40The Gstaad Guy:Oh, gosh. Homewear and knitwear are two very different categories. Well, it wasn't by design. I mean, it was kind of by design. So basically cut to 2007. I know a little bit about how the buyers work and this and that with Subi was, we did great.

13:01And it had its own story of that particular chapter. I had another life where I was going to do a juice, I was going to do a juice business back way back when. But my partner that I was going to start with the juices with, like, sat me down. He's like, listen, I don't think I want to do this. I have enough restaurants. And I'm not sure how big juice is going to be. I'm like, I think it's going to be big. But, you know, I can't do it without you. But he said to me, he's like, look, man, you're really into these blankets. He's like, you're really passionate. He's like, you should do that. I'm like, dude, this isn't a business.

13:38This is like I'm making it for myself. and maybe make them for some people in like seaside village towns or mountain towns or whatever when it's cold like that's not a business i'll do it on the side he was like no he's like come back to me if you think you want to do this and i was pissed because i wanted to do the juice so that was that was and it's like august of 2007 so october 2007 maxfield in la have you you know maxfield i was obviously sorry they had heard i'd made these blankets colton colton's a

14:15The Gstaad Guy:big fan of maxfield colton's max yeah exactly yeah yeah so they had heard that i'd made these uh these blankets and i went in to show them and i knew them from subia and i knew them from actually just sort of shopping there i couldn't really afford much but i really liked the vibes in that place um for those who don't know maxfields in los angeles is a very cool brutalist multi-brand store from the outside the inside it's very homey cozy and well curated yeah same time yeah that's yeah it's tommy who founded it is like really responsible for helping launch all the Japanese brands in America. He was the first one in America, I think, pretty much to launch Armani.

15:08The Gstaad Guy:Wow. It's a big rite of passage. Maxfield, yeah. Maxfield at the time was one of like 10, 12 of the best, best stores in the world. In the world. That's it. It was like, that was it. But he was so, he was like, he had the like, one of the largest collections of vintage Hermes. It wasn't just clothes. it was like oddities and things that were so curious and amazing and yeah hit the buyer at the time was like i want to see these blankets so i wrap them up take an hour to figure out how to wrap them up i'm like okay and i show up and tommy shows up and puts his hand in the bag and says i'm gonna be in this meeting this is casual i'm like i'm like this is over before it even began because this guy is known as the toughest guy in all the fashion like this is the founder of yeah this guy's this guy's a tough guy great taste but tough yeah i laid him out and he goes i've never seen anything like this he's like you know i'll take him i'm like great this is amazing how many do you want he's like he's like no you don't understand i want these i'm like these are mine and and he's like do he's like he goes do you want me to sell them or not i'm like okay yeah let's try it he's like well how much and i did know a bit of the margin math from from my days it's yeah my days at sube so i said this much and he goes okay i'm like but i don't even have a label or a name he's like i'm like what are you gonna do he's like well i'm just gonna put a price tag on it and see what happens and they sold the next day wow can i ask you what they sold for seven thousand bucks seven thousand dollars for a blanket no name you patched worked and died yourself these ones were the ones made up in um the pacific northwest but i helped develop them you know what i mean and like and um yeah i put my hands on them a bit but uh yeah and i was shocked wow and then they said you know that was october they said how many can you have by christmas i'm like i have no idea so i got on a plane i'm like up to back up to the pacific Northwest.

17:18I'm like, how many can we have by Christmas? And we I think we made like 10 more and then I'm like, well, we should do something else. So we started making beanies. These incredible beanies. So we made 40 beanies. How are they colored? These ones were natural gray, natural white, which is essentially oatmeal and like off-white. Those are the natural colors of the animal. I did like this bluey color that was like an indigo and then black. Still no name. Still no name. and what are you selling the beanie store they were like four hundred dollars and this is in 2005 six 2007 so yeah i mean this is an expensive beanie i thought very expensive especially especially 2007 yeah so those all sold in a week who's buying 70 000 worth of blankets in 2007 i mean

18:12The Gstaad Guy:wonderful people yeah people are shopping at maxfield i mean you walk i mean it's like you just trust that whatever you're gonna walk in there was amazing and yeah i was actually you know i was shocked i didn't really understand it i just literally didn't understand at the time i didn't really understand the client or anything so did you ever end up figuring out who that initial client was sure sure it wasn't just one client it was like multiple people did they have anything in common yeah they're all at the beginning what i really noticed is they were all really big um contemporary art customers fine that's what i figured out eccentric that was like the one thing and then like yeah they understood like they understood something in art like they were just like yeah it was like it was a lot of art people wow yeah that would actually let me into their eventually i'm into their homes doing trunk shows and are you still in touch with any of those first customers yeah i mean a lot of them actually are they still customers they are that's really cool yeah there are customers of elder statesman before the elder statesman correct yeah and like right in the i actually ended up one of the guys i ended up buying back the first blanket no way yeah my friend seth that's very cool yeah that's very very cool yeah forgive me for interrupting um you were telling me that oh yeah yeah so you made the beanies so made the beanies and i said if these if these sell i have to do something with this so they sold and i fly to new york show to my friend this restaurant guy i said man i think i'm going to do this and i had a uh business plan that was like two pages and like a forecast of like i'm like it's worth x amount of dollars and you know i need this much and this is what you'll get and this is like kind of my first fundraise um he wrote me a check right there well no operating agreement nothing nothing i didn't i actually had to chase him down to make an operating agreement well eventually because he's just trusting me yeah trust and love yeah and he just wanted to see me i really owe him a lot for pushing me into that so that's when i started really figuring it out like i got on i realized that i wanted to have a blanket company and i needed other things that could be my ways for people to see the blankets i talked to the maxfield people i said where do you go buy these oddities because they had other blankets and weird things around that they're like paris i'm like oh that's fashion week i probably need some fashion so i made a couple sweaters just so people would buy my blankets and i showed up in paris and i ended up walking i had zero appointments do you create your own showroom or you just i stayed at the coast because i heard the coast was good nice yeah i didn't know so i just showed up there and And I don't know if they let you do appointments out of there, but just kind of did it.

21:30And these girls from... There's always some sort of story, which I actually think is really important for companies that aim to be around a long time. There needs to be a lot of anecdotal things that happen to make it feel real because it just is real. So I showed up in Paris thinking that I had a couple men's sweaters because I was the fit model. And I ended up walking out of Paris with 12 of the best women's stores in the world.

22:07The Gstaad Guy:Can you tell us who they were? Yeah, I had Amory's. Okay. I had Joan Shep in Philadelphia. I had Leclerc. I can never pronounce it properly. Leclerc. Yeah, there it is. Leclerc in Paris it's very cool but it's I find it to be quite dark yeah yeah and you're definitely the most vibrant brand in there yeah at the time it was pretty neutral oh yeah fine yeah it was pretty neutral and yeah it was what was it it was United Arrows Mr. Carino from Japan very cool several Barneys that's good especially especially in 2007 it was cool as it gets yeah yeah yeah they had like they were just like amazing human beings um that also kind of helped me along with susan a burlingame some of these stores are are you know people are retired or whatnot but um a lot of u.s retailers that you're meeting in paris right learn that as an american founder an american brand and american retailers but you're just connecting in paris correct it's crazy yeah yeah yeah and And what ended up happening there is I showed up with like a bag of stuff and I'm waiting in the downstairs, you know, the outside area at the hotel, of course, having a coffee.

23:29And I'm waiting for my room and I'm kind of getting, I wasn't like upset, but I was like, I know. I'm like, I got to get into this room. I'm exhausted. And they're like, our clients are just going to leave. They're checking out quite late. um it turned out these two women come up to that like we're so sorry for we were in the room for a while and they're like who are you i'm like oh i'm greg they're like hey we're i'm like who are you the don and denise from amory's i'm like so you're i'm like and i pulled out a thing from vogue of their shop i'm like i've been trying to get a hold of you guys and they came right upstairs um and they looked at the collection and you know they really they went you know one person it was word of mouth they told one person and another showroom maybe at the colme de grason showroom and someone else told this guy from cologne germany this guy named kurt you know who his store would move around it'd be out at like the back of like a crazy church or something like that and he was he was like like one of the guys that was selling like hardcore colme de grason stuff and like that was kind of the world you wanted to be in it was like it was all or nothing back then it was like if you didn't get into this distribution on some level you weren't you didn't have a brand so that's how it started there that's incredible yeah i so i backed into it by by accident i'm still just trying to make blankets i've seen your blankets they're

24:59The Gstaad Guy:they're very nice a few friends the few your blankets they're beautiful so you you get those first orders a lot of these years we have a full-fledged crazy company you do have a full i think i think people who are listening this far and i think most are probably big fans of what you're doing and if they weren't before the podcast they are now so it's uh thanks thanks guys it's a very it's a very cool thing and if and if you like what you see just wait till you touch it that's uh right well yeah that was like the proof is in the pudding like it's like you had to put stuff out that was there was no internet i mean really you had like it was i was against not against i was sitting next to gucci or chanel or whatever i mean this is as good as it gets it has to it has to be good there's no marketing yeah brand you know none of that stuff was happening yeah at the time so you get these retailers who place orders for these initially quite tonal pieces.

25:55Yeah, yeah.

25:56The Gstaad Guy:Baja sweaters and things, yeah. But still, these stores are not retailers to me. They're curators. These are institutions that are very careful about which brands they let in, what designers they let into their curation. And letting you in, I think they must have seen something above a soft tonal sweater. there's there's some sort of value alignment that must have happened well the quality i didn't i thought that there again must be stuff out there that existed that that was like at this higher level but it was like utilitarian wasn't like there was at the get you know fashion goes through these times where there's like a lot of like big names on t-shirts and things like that and we've seen that a couple times at that time that was happening it was like everything was so loud and they're just like wow this is understated luxury it was like it wasn't a thing yet or well obviously laurel piana has always been the north star right but serving a different cost servicing a different customer totally and i had i didn't have any rules i was playing with color you know and i eventually so yeah we yeah these guys were again we i think i mentioned earlier that with tommy with the Isimiyaki and stuff, but these stores were all responsible for launching Calm.

27:18They worked very closely with these very special companies.

27:21The Gstaad Guy:Absolutely. You know, The Row. Yeah. That's a more modern one, but... And at what point did you then expand actively into women's wear versus it being accidental and extend into the palette of colors and designs that you that happened over i'd say three years it came all from product development like just make it kind of figuring out like what yarns i could work with what and weaving in india or weaving in central america and taking yarns from italy and putting them there and like what dire can i find and then it came all came from process and then it wasn't it was everything came from how do i make it and then i could imagine how something can be and then and then the colors i start the colors just felt so incredible on this like soft like super soft textured sweaters or blankets or something so i just started having fun with it and also listening to these amazing curators as well so 2010 or so tie-dye on cashmere is done for the first time by you?

28:32I think we were the first ones. I'm not entirely sure. But yeah, I think so. I mean, I didn't know everyone living in the world, but...

28:39The Gstaad Guy:It's definitely the first time I saw it. Yeah. And the retailers slowly started to pick up more of these colorful products. I mean, they went straight into it. Straight into it. Yeah. I mean, it's still a very small company. Absolutely. I remember the first time I saw the brand tell me first time I saw the elder statesman I think was probably 2013 maybe 2012 so I was a junior in high school sophomore in high school and it was at my friend Kai Schachter's house God rest his soul of course and Kai his brother Adrian their parents were wearing this cool brand, the Elder Statesman. And they always wore these cool and colorful things.

29:33The Gstaad Guy:They were always ahead of the game. But when you would hug them while they were wearing the Elder Statesman, you're like, this is also very cozy. And then they started having these tie-dye blankets. And back then, there was the black leather tag, which you started to see popping up. And a couple of people in their friend group, some girls, started to wear these tie-dye sweaters too. And they're the first ones I saw in the world wearing the brand. And whenever I would walk into a store and I would see the elder statesman, which was quite rare, when I did, it would give me this like, okay, they get it.

30:13The Gstaad Guy:They get this category. They get this consumer. Right. It takes a very certain type of store and curator to be aligned with the Elder Statesman. I think a few stores I love, the Stock U, Forward by Hans Walker, Elise, Performance Ski, and Aspen. Of course. They are awesome. They're the best, and I love your goods there. I love the exclusives. They've been awesome. I mean, both of those folks have been awesome. Amazing. To Sony in Zurich. Yeah, of course. And in Undermatt. Yeah. I love the selection there. And just like to also Troppem in Stade. Of course. They have great stuff. So these sort of resort boutiques service a very unique client.

31:04The Gstaad Guy:And the other brands among... Mainly clients that shopped, or not shopped, collected contemporary art. It's very true. Kenny Schachter is a... Exactly. That's like the thread that I can see. Art. that was the best thing I could figure out you're so right I never thought of it that way Aspen homes lots of art lots of art people those art people same thing lots of art in Stad hence Tchopam lots of art in Zurich but like even just the example of Tassoni which for anyone in Zurich or that passes by Zurich or Andermatt in Switzerland make sure to pass by Tassoni they have very few brands very carefully curated and the elder statesman among brands like Laura Piana and in some ways servicing a similar client, but in an incredibly different way.

31:56The Gstaad Guy:It's this playful expression. It's this lightheartedness. But also now that you say it, I do see this artistic expression. Yeah, and also what I saw with you is like your characters maybe are being very extreme, but if you like kind of maybe take a less extreme version of Colton in cons cons but that's you know that's people are more dynamic they're not just like one way so you could wear your lauro piano and then on the weekends on the elder kind of in a very simplistic it's true you know because when you're in a different kind of mood yeah and I love in your own stores which I've had the pleasure now of watching them grow and expand you have this sort of like workshop vibe very clean plain wood there's like some notes of apple store and some notes of of of workshop with this exposed i think cedar wood yeah which is a moth repellent yeah yeah and uh i'd love to know how you chose the the retail experience that you have as well well that's a good question specifically with New York and LA I mean LA was first I always wanted to be kind of hidden and not because I wanted to be too cool or exclusive I wanted people to have a transition of the mind before you walked in so even my shop is in LA's one actual house in from Melrose off of Huntley but even that small transition for one little building and you're you're going into another world and that's that's really important and in new york that's a little bit more difficult and also you don't want to be in siberia right you don't want to be a place that people can't get to or can't find so i really felt like crosby was that quiet street and all my new york friends were like crosby's vest you know um so you walk in you walk out of the craziness of soho into this more quiet street and you're kind of in this like little i guess paradise sort of you walk into this colorful cocoon yeah coziness and it's a little nice thing and it's kind of unexpected and i like the spaces because they both have a lot of natural light yeah in la we have a huge backyard and the doors open And in New York, we actually have windows on three sides of the building, which is pretty full.

34:33It's beautiful. And the Aspen shop has just a giant window looking out over the mountains.

34:37The Gstaad Guy:I've been to your new Aspen store. I love the big creature you have, the big Kashmir creature. Yeah, that's funny, huh? Who is that? What's his name or their name? My friends, the Haas brothers, you know, the artists from L.A., Nikki and Simon. It's one of their creatures and I dressed them. Okay, fine. Yeah. I've written Kashmir. Yeah. Can you tell me about this stuffed animal you very kindly gifted me? Yeah. The elder statesman, Kashmir. Yeah, he's like the emotional icon. We haven't named him this particular one yet, but he's like the most emotional icon of the company. Fun story is that the first teddy bear I made was in 2012, and it was 14 feet high.

35:18Oh, wow. Yeah. 14 feet? Yeah, it lives here in New York. Indoors? Yeah. Wow. Yeah. So basically I had this notion to make a teddy bear that was massive and for no real reason. And I was going to go bankrupt from making it. It's crazy. And this client friend called me like, what are you doing? I'm like, I'm making this teddy bear. And it's driving me crazy because I'm like, I love it. I can't stop. But I'm almost out of business because of it. It's like the price of a car. and he was he basically a cashmere teddy bear yeah yeah

35:55The Gstaad Guy:14 feet yeah it was massive like it took two massive blankets to make the cardigan that we put on his name was Noah and the client friend was client friend was like okay I'll just buy it and he like saved my ass and um is that his house? yeah yeah yeah here in the West Village so but what the whole point of that was is I had been I really loved yarn and fibers and so I didn't throw anything away And all the cuttings, all the extra bits, all the things that maybe weren't dyed exactly in the right tone. Fine. And I started making these bears. And these bears are generally out of scraps and materials that we've...

36:35I love them. Yeah, it's totally upcycled, filled with kapok. We've done friendship bracelets and stuff. We do like, we do bears, we do palm trees. I've seen them. Snakes. Yeah. Like, you know, we do all sorts of weird shit. Anything crazy. I love it. Yeah.

36:53The Gstaad Guy:I love upcycled things. Yeah. And a good example of, thank you, and a good example of something that we are too busy doing to never actually promote what it is. Yeah. It's like, it's a bear, but it's like, yeah. Hermès have a really cool initiative called Petit H, small h in French, where they make goods with discarded or leftover sheets of leather. It's really beautiful. It's amazing. Well, that's a top quality leather. Of course it should be. It's awesome that they're doing that. I mean, the more people do that, the better off will be. I love it. This podcast is brought to you by Pubelle by The Stard Guy, bringing you charms hand-painted with enamel on 925 sterling silver, allowing you to express all the things you love and all the things you might question, from river bateaux to baggammon board and caviar tins to paddle rackets.

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37:50The Gstaad Guy:There is a poubelle charm or completed set for everyone in The Know. Thank you so much for watching and enjoy the podcast. I want to go back to the early days of the brand, of you working with these curators, expanding the distribution, but still staying very niche. When I say expanding, I think it's very clear to underline that it was relatively expanded, but you always stayed tight, very tight. was this always part of your your plan with the brand because you could have gone in a hundred different directions but you always stayed true to to your truth yeah um i again i mean just like when i went into entertainment i was reading biographies you know um and i started studying a bit brands um floripiana being one of them i mean these companies have been around for a long time and they had to start somewhere so once i like fully like it sunk in that i was doing this like i realized that this is i'm like okay this is going to be like a 30 50 year arc and a lot of the companies that we all know today really didn't hit their stride until year 15 20 30 40 in some cases.

39:14Some of them several hundred years even. Sure, yeah, and I thought, I mean, to me that meant that, you know, make sure that you really, it takes time to have your identity really locked in, and you're also going to experiment and try things, and so I think the idea is that we're, I was never in like a, there was urgency with things that we were doing, there's like, you know, a lot of hard work. That's like what A lot of people don't realize because I'm very quite, seem quite mellow. I am quite mellow. It's always been a knock. They're like, you don't work for me. I'm like, I promise I do. But it does.

39:51I know I have a tan because I surf. But it was always in the cards to be a long term thing. I didn't think something was real unless it was. I didn't even call Elder Statesman a brand until year four. I wouldn't even call it. I'm like, if it doesn't exist or I won't, I'm not even. There was no name. No, I was Elder Statesman. like how would the people be like what is it i'm like oh it's a project how did you come up with the name i that's a good question it's named after my late brother okay so i was so passionate about this this work that when i was coming up with a name i wanted to name it after him but like just his name wasn't like that great i mean i mean it was a great nice name paul but i was like it's a bit on the nose but i was just chatting with a friend And we were like, and this is after months of trying to figure out a name.

40:49And the elder statesman came up and we were just like, wow, that's really good. And the colloquialism from British politics about some of your prime ministers, the pits. And there was the elder pit that came into politics and became prime minister from gumption, from hard work, from Ernie. Mm-hmm. Right? And then the younger Pitt, I think 20 some odd years later, became prime minister as well. So back then they would say Pitt the younger and Pitt the elder. And eventually it became the elder statesman, which ultimately means someone that holds a high rank in any given society by earning it. Wow.

41:34There's like respect from your peers. That's the idea. So the elder statesman was about that. And it was like a way of doing things. and it was about him so it wasn't about me because i'd seen being in entertainment and seeing stuff in fashion or just being in la where people can really lose themselves between the first and the third person absolutely i really wanted to be careful of that trap and make it about something much bigger than me so i had something to live up to it's really gnarly i don't um recommend that for everyone because like it really keeps you up at night because you have to you can't quit and you can't can't break the rules you can't bend you can't bend the rule you can't do anything like that quick any quick fixes you know and i think people who try to look you up and look up

42:27The Gstaad Guy:your the brand stories can find of course lots of storytelling about the elder statesman but very little about you as greg and i know that i've been asking you to be on this podcast for a while and it took me a while to convince you to convince you to accept thank you i'd love to know how you felt about that detachment in the public eye between you and the brand and why you found it important to stay behind the scenes and keep a lot of the storytelling of the brand behind the scenes Like, for example, when I saw how the sweaters are handmade and sun-dried, I feel like most companies would have that plastered on the company's forehead.

43:11The Gstaad Guy:Yeah. But with you, it's not communicated anywhere. Yeah. You know, for a long time, we were just, like, too busy doing it. And I have to admit, like, well, first of all, like, why, you know, naming it the elder statesman, like, I knew I could be a good field general for that. You know, like, I'm good. I can help. I love people. I love I love bringing other than like I would create a staff and then I could work for them and I needed like this reason that wasn't just my you know economic needs had to have like a lot of meaning in different ways so that's why it was about that and I always wanted to make sure the brand itself became much bigger than me so because I always wanted to attract good talent so if it was just about me a like the rest of us a flawed human like that's like i don't know didn't seem didn't seem like the right way to go i wanted to be it's about something bigger and that's okay that something's bigger than me i know in today's world but i think it's it's very cool it's working yeah and i wanted to have privacy you know again i guess getting to be 18 and whatever I was, 19, 18, working for Whitney and just seeing what lack of privacy does and getting to actually live a life.

44:35Not to say that I knew things were going to go well, but in the chance that they do go well and it's all about you, then you don't kind of own your day-to-day.

44:49The Gstaad Guy:you know how earlier in the podcast we were saying that the found maybe i think we said said this but the founders often mirror some of the customers we did i said the shadow or whatever yeah exactly and what you're saying about privacy really resonates with my perception of your customers because i feel like a lot of people who wear the elder statesman of course it's an if you know you know brand to the random passer buyer it's a cool looking tie-dye sweater but if you know, it means a lot more and it feels like a lot more. And the people I know who wear the brand have the resources to be public.

45:28It's undeniable that given the brand's price

45:33The Gstaad Guy:point, people who shop with the brand, they can do a lot of different things with their money. And one of the things they choose to do is to actually remain quite understated than private. I think all the people I knew are big fans of the brand. They want to blend in, in public. They don't want to stand out. They don't want big logo. They don't want people to point at them at the room and say, they're wearing something that costs this much. They like the expression of color and they like the feeling of something cozy. And it sounds like, I don't know if it was intentional or accidental, but it sounds like your customers mirror a lot of your personal beliefs and values i was always respectful of people's privacy coming from where i came from so i never like screamed who was wearing it never told anybody who was wearing it never there was i was impressed really press releases no with people wearing it i didn't i was once someone bought something for me that contract's done like they own it i didn't pay them for me to go out and promote the fact that so-and-so's wearing.

46:43I just kind of respected the contract. And that was it. And I think Hope, and it looks like that became good for people that want to have their wealth. It's not the first thing that people talk about, I guess. I think it's definitely the case,

47:01The Gstaad Guy:and it's definitely a part of the customer values that I observe when I see someone wearing elder statesman, although of course there's some people that follow a hype train or anything becomes cool. Sure. But I'm going to make the statement based on the masses of people I observe, the masses within this minority. If I go to Stade or Zurich or LA and I see someone wearing the brand, they're usually cool people that I'd want to be friends with. That's the other part where I figured out the brand has soul. and the company has soul and the people that have been customers have soul they can see the soul yeah and they're like soulful people and that seems to be like the not demographic but psychographic yeah that we're like yeah it's like i appreciate art i appreciate color expression and i like cozy things and nice things it's well and also their primal mind you know all of our primal minds can go that's a great plate plate of food versus that plate of food like i believe i have no science to back this up but i believe that we can see something that's well made so like i always knew that if i the ingredients were a plus these customers get it yeah um the execution a plus and then when i was able to be free spirited with it that soul between the make and the free spiritedness and like letting people the their craftsmen actually have the say in how things are made and what colors go into stuff it just kind of created this vibe and absolutely yeah i mean you initially partnered with these curators and multi-brand stores to help tell your story on your on your behalf which is what these these stores are very good at and then you eventually started telling your own story yeah with your with your retailers with your online presence and also with some collaborations yeah and you've done very few we have done a couple of very cool ones one of which is uggs yeah yeah that one was really great how how did that come about uh they called some folks on our team and like we were launching xenia yeah around the same time and i'm like this is perfect let's do these and launch them within a month to show a range yeah you know the fact that we are xenia being one of the most incredible companies out there i call them like the intel chip of fashion because they make so much for people for other companies that people don't even know but it's a very special company and then you have uggs which are also really well made just very different and a lot of fun so being able to launch those things within weeks or a month of each other i thought was really a neat thing to do it's very cool so i know that you're a creative at heart everything you've told me today i feel creative through and through and being a creative and being an operator often go hand in hand by consequence people who are creatives end up creating something cool and they all of a sudden have to run these businesses and manage these people and i know based on everything you've told me that was not part of the initial the plan it kind of just it kind of all happened yeah no um when i was making blankets i did not see ceo written all over that especially ceo in like 2025 through covid and all that kind of stuff um no no i i did it just because i'm like some like i guess smart enough to be dangerous but with how fast the world moves i really felt like we needed to augment our ability to grow the company um i'm not saying like massively i'm saying like in a really in part of that trajectory we talked about just i mean i could do it but i couldn't do it fast enough yeah um and i could learn it but i don't feel like i was learning it fast enough um so yeah we brought on folks and to operate the business it means us and i mean they're they've sunk in their teeth like write in and this is what you know and they're action-oriented folks and to to my understanding the folks that have gotten involved are also customers and lovers of the brand first first customers yeah exactly and we were friends for about 10 years a lot of family businesses end up being sold to big corporates in your scenario it's this creative project ends up being a fashion house in many ways and you bring in two families that are customers and kind of turn it into this co-family business and so yeah that's what that felt right to me having three families essentially it's my family now that i have an expanding family as well congrats you're that that two times over yeah that again amazing dvf was um someone that really i met in 2012 during the fashion fund and she was always kind of like a fairy godmother and so the von first you know became a part of it and then the greeds who are jens and emma are some of like the most prolific operators in the business and also live in LA.

52:28And I've been friends with Jens and Emma for kind of ages before this. And here we are.

52:37The Gstaad Guy:It's very cool to also know that when someone's a customer first, before becoming a business partner or colleague, there's deep and true love for what they're getting into versus just commercial excitement or the desire for commercial gain. Oh, I got to tell you, our CEO, Nicholas, This just started with us a few months ago. I felt really good about him. A, I know that he's like an unbelievable operator, but he has been a client for over 12 years and he's done some pretty deep cut, like orders, like really special stuff. So I'm like, this guy really knows Elder. And he has some pieces that are like so unique.

53:18I love it. So he's done the whole process. He gets what the company can do, but he's a CEO. right so I love it I'm not saying I can't you know but he's like he's like yeah that's what he wakes you know that's what he wakes up and he does and I respect that

53:34The Gstaad Guy:also you're you're putting your time in the categories that your heart wants to follow you know that's right I think I think it's always very important like there's even in in the world of Shtadgai and what I'm doing there's I've taken the path in the past of doing what seems right for the business versus doing what seems right for me and what seems right for me always catches up and will always feel a lot better thinking about in the morning and at night and you can i think hack that for a few months even a couple of years yeah but the truth will eventually shine it will come out yeah yeah i mean that's i think you nailed it it's just like i i mean i was lucky i was always inside the factory but if you're not i'm not if i'm only spending maybe at some point got to a point where i'm spending like 10 percent of my time actually getting to be as close to the product as i want to be which is much closer than most people but like that's like not that's not what i yeah and i was lucky enough to be able to put this group of people together so we can now take it and like open we're gonna we want to open like more stores in places like stad love it for reals and uh emirates and japan and i can't be in japan and stad at the same time you can't and i'm a dad well well looking at the the finances and order sheets i can't do it you can't just can't do it especially with how 2020 like where we are in the world and how fast things are moving i mean you know one day there's a there's a tariff issue the next day there's a worse tariff issue the next day like you know there's a government shutdown or whatever you know whatever it is you just like you you gotta be like you gotta have people that have their edge with all of this stuff absolutely and it's good you gotta be relentless yeah at all times 100 and i thought i couldn't do it like no shouldn't say that yeah i couldn't i mean i couldn't do it and live as well if that makes sense not be me and be the person i want to be i don't want to be like a a version of myself in the wake up one day and just be depressed about what i didn't do with life fully aligned and i think so much of the beauty of being a founder is doing what you want to do and then when it goes well it's a beautiful blessing in disguise but you end up doing a lot of things you have to do to grow it unless what you want we're going through this right now well okay we we love what we're doing it's so exciting but so much of our of our working hours especially for my my colleagues is doing the unglamorous part it's most of the it's most of the work is the unglamorous bit and how does that make you feel i think knowing that we're working towards a point where we can get back to doing what we want to do first what we have to do the same way you have by getting bringing people on board who are experts and can do those jobs better than we can and detaching our hearts from this as well and saying you know what this task here that person is better at than I am well you know what you've also done now without it maybe even realizing you probably have is that because you're doing it yourselves now you're going to be that much better of a partner to that person because you have some shared experience true i've seen the word it's absolutely huge like i feel like i can be really good to the ceo because on some level i really get it so i really respect the job and all the way up and down the company the more kind of things that you have your hands in timing is key you don't want to be in anywhere too long obviously but um makes you more dangerous in a good way absolutely as a partner to your people yeah for sure i think that i guess that's the definition of empathy like being able to put yourself in someone else's shoes when you have been in those shoes it's especially easy yeah like i've been there i know i know it's going to be a tough month that's right that's i like look at fashion stylists all the time and every time i see one i'm like man you have a tough job yeah you know because i mean i've lugged the stuff in the return i mean that's like you know like they're not like well thank you for seeing me you know like yeah it's hard how does being a father i think now for the second time congrats again thank you how does that also affect the way you think about your days and the way you think about your work every time i've had a kid well it's only twice but a whole part of my brain gets unlocked that i didn't even know was there so when i had dorothy my 15 year old the dorothy part of my brain gets unlocked and now i'm this whole different human being that is dorothy's dad so i'm totally different and so everything changes so my my wife says like once one major thing in your life changes so does everything else like it has to be something really major so and nothing bigger than life and death right life kid yeah so here comes dorothy and now i'm dorothy's dad and like her little souls in my body and then here we go and all of a sudden maybe that's where maybe things Maybe that's, maybe I'm discovering that's where color really started coming because I was just like happier.

58:59Yeah. And I was more joyful and bright, you know, being like the dad of a, like a three-year-old girl. That's like so cute. And maybe that's what it is. And with Eloise, my seven-month-old, it's like now I'm Eloise and Dorothy's dead. And I've got the Eloise part of my brain that's opened up. and like what I'm like being here talking to you and talking about this just feels absolutely

59:25The Gstaad Guy:like right for the Eloise part of my I love that mind um it's it's not it's kind of like the you know I talk about them and with my friends a lot like the mystic it's kind of the mystical stuff in life that's really hard to put words on but all I can say is there's just a part of your brain that you don't even and there's like another gear yeah absolutely no one knows until you have until that kid comes i can imagine i can i can only imagine i can't actually imagine it's pretty radical and ethic it's a beautiful it's a beautiful experience now that a lot has has developed and changed yeah in beautiful ways what do you see as the next phase of of you and the brand well Well, that's a great question.

1:00:11You know, I mean, we have, like, what a team, right? And now, you know, they've had some time to settle in. And, you know, we are focusing on opening retail because in today's world, obviously, the wholesale channels minus, you know, a handful of people that we've discussed that are doing well. But you don't know what stores are going to be there. So now the future of your business is truly in your hands and your hands alone. So we're going to take that and create these beautiful temples that people can come and shop in and feel us and see what happens. That's the plan. How we get there exactly?

1:00:56I believe it's not exactly, you know, not exactly sure because, you know, you want to stay open with all 17 years of being around some of the most fantastic people in the world, being with my clients or the people I work with. A lot of opportunities kind of pop up by just being open. You know, like my friends in Stodd, you know, like really. And they happen to be developers, you know, and they're incredible humans. And if the timing's right, you know, as long as we stay open, they're like, hey, maybe I have a project for you. that would be perfect i'm like wow that would be perfect and that's how that happens yeah you know i guess it's being open to to that growth yeah absolutely thanks coming absolutely and you know the the my team now is putting like just next level like the next level fundamentals in place uh you know there's a there's a lot to be said about there's people that are good from taking things from zero to a certain number let's call it like 20 million or whatever um and then there's a whole different set of rules for taking something from 20 to 100 and it looks like the same game but it's

1:02:05The Gstaad Guy:just different rules um one of my my mentors who's a mutual friend of ours damiel oh yeah he always says very different to go from one to two two to three and three to five they all look they all look very different yeah and um i mean that's where we are now like i'm i'm not giving any numbers of how big or small we are but like we're just at this next i was kind of hovering around the same number for a couple years which is a you know something that i never thought was going to be possible with like a couple blankets out the gate but um but the rules are different and now the rules have completely changed with like you don't know who what retailers are going to be on so we can't really yeah it's like you know balls in our hands absolutely how do you feel about your urban customer versus or the urban experience and customer versus the resorts because i know you're it seems to me that you have probably even more resort outlets and experiences than you do big cities same customer though so if you think about it if it's a psychographic though you know these are people traveling in, even if they don't know each other, they're actually rotating in the same circles and orbits, you know, there's not, there's a, the world's a wonderful place, you know, obviously, but, and there's beautiful things, but there's like not that many great places to go.

1:03:34So it's actually, it's actually like it's, there's a small, you know, there's a small amount of people and places and we're in that range. So whether it's in New York or Japan, the same person that's going to Japan is inevitably going to be in Samoritz. Yeah, it's true. Just that's the bet. Maybe I'm wrong, but that's what I think is the case. Where have you been this year?

1:04:00The Gstaad Guy:I think, I mean, I'm not going to start listing the places, but I agree that I've been to many elder statesmen outlet towns and cities. and I actually have the very similar strategy for my content and for Pubelle. I try to follow the Stadt guy. To me, the Stadt guy is not me and it's not a person. It's an archetype. It's a type of person. It's a connoisseur who likes excellent products, experiences and places. And a lot of those places have the elder statesman outlets and boutiques there and the brand is uniquely placed as one of the very few playful luxury brands. And although Pubelle, my jewelry brand, is incredibly different to the elder statesman in every shape of the form, by the way.

1:04:49The Gstaad Guy:Thank you so much. Thank you. It's great. Thank you. But you are in all of my pitches to retailers and all of the conversations with our investors, all of our brand planning and understanding moments internally I always bring up your brand and I always bring up the other statesman because this idea of playful luxury of something being made very well and still be very fun really fascinates me as a category and it's very rare as a category so we take a lot of philosophical learnings from you and take a lot of inspiration from you and what you've built there's people even better than us So then I have to nod my head.

1:05:35And playful luxury?

1:05:36The Gstaad Guy:I don't know. I don't think so. Well, I felt, I feel like Hermes is a bit playful. I find Hermes to be so serious. Really? Maybe. Because they have some playfulness, but to me it's like several hundred year old French leather making saddles. Maybe this is like me 15 years ago that's like, thinks that it's before like luxury like blew up. Well, look what you got on though. I mean, and you had that, and I'm sorry. I apologize for not remembering her name, but your friend that's a jewelry designer that's making them really playful. Nadine Gond. Yeah, and you guys had a big discussion about this. Nadine, I think, also exists in the space.

1:06:12The Gstaad Guy:She is very talented. She's far more luxurious, both in terms of materials used and price points than Pubelle. We use sterling silver and we hand paint with enamel, but Nadine's using... I mean, that hand painting is banging. That's incredible that you do that. I appreciate that. Well, it's a craft. It is. It is a craft. Every charm is painted by hand. them more people shouldn't know that yeah we don't communicate as well as we do we're trying to learn from you yeah communicate really poorly how hard you work exactly i mean the world's such a serious place that like i think giving people some fun or like a place that feels cozy or homey or that seems to be working and that's i want it like i'm never has been into sports as much as like as recently just because it feels so real and then like expressions of joy and playfulness like that's so real like comedy is you know levity is the ultimate luxury right like and the richest people in the world would say i just want to be happy yeah i'm sure for a lot of the listeners today who feel incredibly inspired by the success of the brand and inspired by the creativity behind it may also feel intimidated if working on brands of their own or have entrepreneurial desires of their own because assuming things go great can sometimes lead to more assumptions of oh maybe it happened easily and maybe it was all smooth sailing which I I know wasn't the case and I think it's not the case for pretty much anyone that has been in a hard game for a long time, and it can be emotionally taxing.

1:07:56It's been incredibly scary at times.

1:08:04And I just think that it's really important. I'm sure there's many people that are listening and will be like, nod their head to, yeah, this is a tough business. Our business is tough. But for those that think it's easy, it's not. But that's okay. And just expect that it's going to be really, really hard and be sure, I think, that it's important to, you know, which I'm so happy to see in the world is that like mental health is like a big business and a big part of the world and meditation and, you know, the therapy or whatever, you know, meditation depends what you can afford. but you know therapy is like should be like a human right and you know it's these things get like lonely and you know um you don't always make the right decisions and you have to live you have to kind of fight your way out of some bad ones sometimes so um yeah i don't think people are talking about that more in today's world when they're really like thankfully yeah thankfully

1:09:08The Gstaad Guy:because yeah i think that's really important we live in this strange time where support is more accessible than ever but also in some ways feels more distant than ever oh can you tell me more about that like i think um it's because maybe we're not as personal as we i think so i think that's what it is i think because i'm trying to wrap my head around why because there's so much outlets and yeah yeah i think there's first of all i think there's um option overload and like advice overload if you want to make a bad decision ask everyone so once your your tiktok algorithm or something as simple as that understands that you're going through a hard time you'll start it will start feeding you loads of content about bad times and how to service bad times.

1:09:57And then you have this decision-making overload

1:10:00The Gstaad Guy:of what do I listen to, who do I listen to,

1:10:06The Gstaad Guy:and what steps do I take to listening to someone? I think although now there's more resources than ever, maybe all we ever really needed was one friend or one family member we could vent to versus 60 self-proclaimed experts that we hear online within 10 minutes. Yeah, and you have no context for really why they're saying what they're saying. That's a big, huge problem. Yeah. Yeah, one friend to Ventu, absolutely understanding your biochemical makeup. So knowing that just simple breathing can give you some respite in a day. And our combination of these things. Yeah, maybe it is more simple. I think therapy is great.

1:10:52I've understood so much more. um i've started i started finding people when my brother passed away um like over 20 years ago and that that journey has been really awesome it's beautiful for me

1:11:07The Gstaad Guy:that's great i think the idea of therapy to some seems like a last resort to jump into that oh yes especially men yeah i'll tell you this is what how i get my friends into therapy or get them to do stuff i always kind of appeal to the ego to say you know what having therapy regularly is good because you can always optimize you know that instead because it's a disaster waiting till you know the bottom's dropped out of something and you're crawling to someone's office to try and be put back together and it's amazing that there's people out there that will put you back together but try and avoid that like and i always say you know you can always optimize and that seems to get people to do yeah like i do these journeys men men love two birds one stone and optimizing yeah optimize you know like like getting people to do like plant medicines i'm not trying to push it on anyone but you know it's i always say but it's just you know an optimization and that has gotten most the friends i've gotten that have sought my counsel to see if they should do it that's usually the the line yeah that gets them that help i think a simple way for me to think about it is it doesn't just make the bad less bad but can make the good better correct you don't have to be in a bad state to go to the gym you know no i mean also look at anyone that's been successful in history they've had counselors no one's done it very few i don't think anyone's actually done it in a vacuum they've had people helping them yeah then today they're called therapists you know so yeah i guess a therapist could be someone hired or someone if someone's blessed to have that in their natural support system to just make sure that they they nurture that relationship as well some people's grandparents could be their therapist in many ways.

1:13:05The Gstaad Guy:Yeah, absolutely. On this podcast, we always play a game of à la poubelle versus fantastique. À la poubelle are the things you'd like to throw in the trash and change. Could be bad ways people act, maybe ways people are in your industry. Could be a small, minute, random thing in society that surrounds us and fantastique in the same way, but something you'd like to celebrate, recognize, and maybe see more of. for me i guess those two are kind of connected um i'm not gonna try with the accents so it's good or with the trash yeah to the trash um what i really really what really bothers me i really and my wife is just like shut up is um i hate customer confusion like i do not like when people are allowed to promote what they're making whether it's food or clothes or whatever as being premium and they get people to spend their money and being and they're buying something that they're being told is premium or high quality and it's just not and or the story's not real it drives me absolutely insane because we're living in a world where you know whoever's the best marketeer is going to get their product out there and then folks are gonna like when it comes to like that's hand-painted right but the person knocked that's inevitably going to knock you off is not going to hand-paint their jewelry they might have some snazzy marketing moment and the customer who maybe never saw yours because of the algorithm is going to find out that they're going to think that they got the best and they didn't and i think that's i think like if you look back like we're gonna get in the last 10 years we have customers that have actually never gotten close to what's actually good so they're just perpetuating this bad behavior and i think that's bad for the world it's bad for culture it's bad for art it's bad for product it's just bad and on the good side is people like yourselves like i love hearing that that's hand painted i love the rise of restaurants you know like like i love like the rise of i talked about it was sports like i love that people are it's are gravitating towards this really real stuff that has excellence and you can i mean try and fake it in sports or you know i mean like you know it doesn't work that's like the authenticity is what i love it's true i think to quote jake paul the creator he said And AI will never replace sports because you can fake 101 things, but the human talent and the human experience is something that's just going to be there to stay forever.

1:16:02Oh, it's just going to get bigger. Yeah. And that's okay. Yeah. Because it deserves to. It deserves, yeah.

1:16:06The Gstaad Guy:Absolutely. I love your answers. Thanks. Well, thank you so much for taking the time to be here today. Thank you for having me, and this was awesome. Thank you. This was great. Keep doing what you're doing. it's fun watching you thank you thank you it means a lot and likewise I love your business love your brand love everything you've done in between thank you and congrats on on fatherhood again I love you some Dorothy it's the best best thanks Greg thank you thank you for listening to this episode of the Start Guy podcast if you're keen to learn more please follow along by engaging with our social channels on Instagram TikTok Spotify YouTube and Apple podcasts.

1:16:48The Gstaad Guy:And we look forward to seeing you next week. Merci beaucoup. A la prochaine. And a big hug from the Start Guy.

1:17:16Keep you going without slowing you down. So put that fork down. Try the new wraps today in app or at order.sweetgreen.com. Available at participating locations only. Big game, big meeting, big crowd.

1:17:32The Gstaad Guy:However you're gathering, Sweetgreen Catering brings the bowl everyone wants. Introducing the buffet-style Sweetgreen Bar. Perfect for sharing, customizing, and keeping everyone happy. because when the food's this good, people show up. Learn more at sweetgreen.com slash catering.

From the publisher

The Gstaad Guy sits down with Greg Chait, founder of The Elder Statesman, to trace the unconventional path from throwing parties and collecting blankets to building one of fashion’s most distinctive luxury brands. Greg shares the origin story behind receiving his first cashmere blanket, discovering the power of yarn, and why leading with intuition, not trends, became the foundation of his creative philosophy. From early exposure to fashion to stumbling upon the identity that would define his brand, he reflects on living many lives before finding the one that felt right.

The conversation explores colour theory, self-expression, and becoming the first to put tie dye on cashmere, a move that reshaped perceptions of luxury as something playful, cosy, and deeply personal. Greg breaks down the evolution from blankets to ready-to-wear knitwear, expanding into womenswear, designing retail experiences, and building a brand with soul. They discuss value alignment, creative collaborations, customers turned partners, and the balance between being an artist and an operator. Along the way, Greg opens up about empathy, therapy, emotional overload, and how becoming a father reshaped his perspective on leadership and life.

Filmed at Casa Cipriani New York’s Premier River View Suite.

Chapters:

(00:00) Intro

(00:40) Colton

(01:26) Positive Luxury

(02:25) The Origin Story

(03:50) First Exposure To Fashion

(04:31) Discovering Number Nine

(05:50) Being Gifted The First Cashmere Blanket

(07:26) “It’s All About The Yarn”

(08:23) Colour & Expression

(08:36) Close To Loro Piana

(09:44) The Beauty In Imperfection

(10:25) From Blankets To Ready-To-Wear Knitwear

(12:42) Maxfield LA

(18:45) Figuring Out The Right Path

(24:04) Value Alignment

(25:31) Expanding Into Womenswear

(26:32) Tie Dye On Cashmere

(27:03) Stumbling Upon The Elder Statesman

(30:40) Designing The Retail Experience

(34:20) Upcycled Teddy Bear & Home Goods

(36:06) The Early Days of The Elder Statesman

(36:55) Building An Identity Takes Time

(38:20) Behind The Name: The Elder Statesman

(42:29) Some Things Stay Behind The Scenes

(43:05) If You Know, You Know

(45:05) “The Brand Has Soul”

(46:45) Spectrum Of Collaborations

(47:56) Being A Creative & An Operator

(49:26) Customers Turned Partners

(50:42) What Seems Right For The Business vs. Yourself

(54:04) The Beauty Of Being A Founder

(55:40) Empathy

(56:06) Being A Father

(58:03) The Next Phase Of The Brand

(1:00:56) Urban & Resort Customers

(1:03:00) Playful Luxury

(1:05:18) There Is No Easy Path To Success

(1:07:28) We’re Emotionally Overloaded

(1:09:14) Therapy

(1:11:13) À La Poubelle vs. Fantastique
Learn more about your ad choices. Visit megaphone.fm/adchoices

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