Fashion designer Alexander Wang, 25, a design-school dropout now touted as “fashion’s latest It Child,” heads “a $25 million family business that is growing at a gallop,”
the
New York Times
reported.
Mr. Wang runs his mini-empire without outside backers or benefit of a family fortune. He works alongside his mother; his sister-in-law, Aimie Wang, an accountant; and his brother, Dennis Wang, who brings to the enterprise a background in international business development.
While other designers have been hit hard by the recession, Wang’s sales have tripled since late last year, his brother told the
Times.
About 400 stores, including 220 in the U.S., carry the Wang label. Only a half-dozen years ago, the article said, “his name could not be uttered without the obligatory qualifier, ‘no relation to Vera.'” (Source:
New York Times,
Dec. 10, 2009.)
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