How has the company and business evolved over the past 15 years? “We’ve learned a lot. We’ve always had a strong thread in what we do: it’s been rooted in British tailoring, men’s tailoring, American workwear, military clothing – the British-American mix that’s reflected in my life. A strong influence of men’s tailoring in women’s clothes. We’ve been very lucky but it’s not been easy. It’s not like we’re a bulletproof business and we’ve figured it out and no one else has. You have to think and pre-empt.”

What is your core attitude to fashion? “I don’t care so much about fashion as the authenticity of a piece of clothing. It all starts with the fabric. You can make the most beautiful dress in the world in some sh*t fabric and it becomes a sh*t dress, whereas you can make something quite plain in a beautiful fabric and it’s just going to be special.”

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Rag & Bone has largely escaped the United States’ retail woes. how has it done so? “I wouldn’t say retail is easy right now. We’re lucky in some ways as we’re quite diverse. We have men’s, women’s, jeans and core classics business, as well as shoes and bags. We have wholesale and retail, so it balances things out. The drive to impulse-buy without having a connection to something is not as strong anymore. Today people really have the yearning for something authentic, luxury and small. That’s why I think big luxury might be suffering.”

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There’s been a politicisation of fashion since Donald Trump was elected, as seen at the last New York Fashion Week. is this a good or bad thing? “Is it good that fashion has become so political? No, of course not, it’s horrific. It’s ridiculous – that pretty much sums up what’s wrong with the whole situation: the fact that people are afraid to say who they would or wouldn’t dress, or afraid to say that they are making clothes in Mexico versus America.”

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What’s your advice to young designers and start-ups? “Always go with your gut, go with what you believe in and don’t compromise. But you can only do it if you have an idea that’s going to pay for itself. If you have an idea that only you are passionate about and no one else, you’re not going to make it. If you have the art, you also need the commerce. If someone was starting a label now, everything you might have learnt about the business of fashion previously has definitely changed.”