Andrew Rosen is a third generation member of the New York garment industry. So when he launched Theory in 1997, the CEO and his designer partner, Elie Tahari, already knew the ins and outs of manufacturing in the U.S., as well as abroad.
Rosen still runs Theory, the majority of which was bought by Japanese firm Fast Retailing (the owners of Uniqlo) in 2003 for $100 million. (Tahari left that year.) But he is also a personal investor in young American labels, forming what many consider the “mini-LVMH” in the U.S. (The French luxury conglomerate includes Louis Vuitton and Christian Dior, and is owned and operated by billionaire Bernard Arnault.) Along with popular mid-priced American labels Rag & Bone, Alice & Olivia and Helmut Lang, Rosen recently invested in industry favorite Proenza Schouler.