Carlos RuizVelasco. CLOE | Cómo SUPERAR una Pérdida y Cómo INTERNACIONALIZAR tu marca #219

20 Mar 2023 · 104 min
1:44:01

Interview with Carlos Ruiz Velasco (founder/president and creative head of Chloé/Chloe Moda / Oemoda) covering: a) personal resilience after the sudden death of his eldest son (he says his son died in London about 10 years before the interview; the family keeps a ‘‘Love is Enough’’ sign as a memory); b) entrepreneurial origins—started making bags at 17, first production ~50 pieces—and learned to compete on design rather than price; c) shift from in-house manufacturing to international sourcing (China/Guangzhou) to achieve scale and quality, later closing own factories ~10 years ago and reopening a new factory roughly a year before the interview; d) retail strategy—long history selling through department stores, then building own retail chain (first pilot store in an airport, two years to break-even, now ~60 boutiques) and hybrid omnichannel strategy (e-commerce grew strongly during the pandemic and accounts for roughly mid-teens to high-teens percent of sales); e) operational risks faced (import regulation fight circa 2000s, IP piracy episodes) and lessons learned; f) brand-extension strategy via collaborations and licensing (e.g., Ágatha Ruiz de la Prada, eyewear, watches, travel accessories) with tight quality and design controls; g) governance and succession—he was CEO for ~30 years, stepped into president/creative role to focus on design and institutionalize the company, with a consultative board helping the transition; h) social-responsibility and sustainability efforts (no solvents, experimenting with cactus and pineapple leather, eight-year SCSR recognition); and i) near-term priorities: bring the reopened factory to breakeven, build a stronger HR/people strategy, and grow beauty / personal-care product lines that originated during the pandemic.

Questions this video answers

17 years old.

About 30 years.

About 15–18% of total sales (host and guest estimate).

About 60 stores.

Approximately 7,000 SKUs per year (with ~5,000 retiring and new ones introduced).

Chapters

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