The New Luxury

According to Steven Kolb, president and CEO of the CFDA, “[Designers] who have made it [to 10 years] have done a good job in establishing their voice and identity. To continue to grow, they need to expand sales and look at investment opportunities.” And some say that’s where the real work comes in. Here’s a closer look at what it takes to make it a decade in the industry, and where designers typically take it from there.