The Elder Statesman (brand)
| Company type | Private |
|---|---|
| Industry | Fashion, Lifestyle |
| Founded | 2007 in Los Angeles, California, United States |
| Founder | Greg Chait |
| Headquarters | Los Angeles , United States |
Area served | International |
Key people | Greg Chait (Founder) |
| Products | Premium knitwear, cashmere goods, apparel |
Number of employees | 25 (2014) |
The Elder Statesman is a premium fashion and lifestyle label headquartered in Los Angeles, established in 2007 by Greg Chait.
History
The inception of The Elder Statesman traces back to 2002 when Greg Chait was inspired by a cashmere blanket. Identifying a niche for luxury cashmere goods, he began crafting blankets for personal use. These samples caught the attention of Maxfield in Los Angeles, which led to initial sales and a subsequent increase in production. By 2011, the brand had opened an appointment-only studio located in West Hollywood.
By that same year, The Elder Statesman’s apparel was available at retailers including Barneys New York. Renowned mainly for its knitwear by 2014, the company had expanded internationally, employed a team of 25, and moved operations to a factory in Culver City. That year also marked the launch of its e-commerce platform and plans for its first retail store in Los Angeles.
Before founding The Elder Statesman, Greg Chait held the position of CEO at the Australian denim label Ksubi. In 2011, GQ editor Justin Doss selected the brand as an editor’s choice. The following year, Chait earned the $300,000 CFDA/Vogue Fashion Fund Award.
During New York Fashion Week 2014, The Elder Statesman attracted media attention with an artistic cashmere installation featured in The Wall Street Journal. The label is distinguished by its meticulous craftsmanship, superior materials, and exclusive limited-edition collections.
Corporate partners
In March 2014, The Elder Statesman received a minority equity investment from Chrome Hearts, a luxury jewelry and accessories company. Subsequently, in September of the same year, it collaborated with XOJet, a private jet charter service, to provide its luxury offerings to XOJet’s clientele.