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cover of episode Ronnie Fieg - Building Kith - [Invest Like the Best, EP.399]

Ronnie Fieg - Building Kith - [Invest Like the Best, EP.399]

2024/12/3
logo of podcast Invest Like the Best with Patrick O'Shaughnessy

Invest Like the Best with Patrick O'Shaughnessy

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Patrick O'Shaughnessy: 本对话探讨了 Ronnie Fieg 如何通过对产品的热爱和对消费者需求的深刻理解,打造 Kith 品牌,并取得巨大成功。对话涵盖了 Kith 品牌的起源、发展历程、产品设计理念、品牌故事讲述方式、以及与其他品牌的合作等多个方面。 Ronnie Fieg 的成功秘诀在于他能够精准把握消费者的需求,在熟悉的基础上融入原创性,创造出既有共鸣感又令人耳目一新的产品。他强调产品设计的重要性,认为产品是品牌故事的基石,而品牌故事则需要通过多种方式进行讲述,例如与 Jerry Seinfeld 的合作广告活动,以及 Kith 自制的短片等。 此外,Ronnie Fieg 还强调了人际关系和社区的重要性。Kith 的名字来源于 "kith and kin"(亲朋好友),这体现了品牌注重建立与消费者之间的情感连接,营造家的氛围。Kith 的门店设计也注重与城市环境的融合,力求营造舒适的购物体验。 Ronnie Fieg: 我的职业生涯始于 13 岁在 David Z 工作,在那里我学习了零售业务的方方面面,并培养了对产品的热爱和收藏的习惯。在 David Z 的工作经历中,我接触到各种各样的顾客,这让我深刻理解了消费者对产品的偏好和购买动机。 Kith 的成功源于我始终坚持创造市场上缺失但消费者真正需要的产品。我从不为了商业目的而创作,而是专注于创造人们真正喜爱的东西。Kith 的产品线涵盖了从低价位的冰淇淋到高价位的 Armani 西装,这体现了品牌的多元化和包容性。 Kith 的品牌故事讲述方式也独具特色。我们与 Jerry Seinfeld 的合作广告活动,以及 Kith 自制的短片,都是品牌故事讲述方式的成功案例。这些故事不仅能够引起消费者的共鸣,还能提升品牌形象。 此外,人际关系和社区也是 Kith 品牌成功的重要因素。Kith 的名字来源于 "kith and kin"(亲朋好友),这体现了品牌注重建立与消费者之间的情感连接,营造家的氛围。Kith 的门店设计也注重与城市环境的融合,力求营造舒适的购物体验。

Deep Dive

Key Insights

Why did it take Ronnie Fieg five years to collaborate with Jerry Seinfeld for a Kith campaign?

It took Ronnie Fieg five years because he wanted to ensure the collaboration felt authentic and resonated with both Jerry Seinfeld and Kith's audience. He spent time building a relationship with Jerry's wife, Jessica, and son, explaining the vision and purpose behind the shoot. The campaign's success hinged on creating a connection that felt genuine and aligned with the brand’s values.

What is the core philosophy behind Kith's product creation?

Kith's product creation philosophy is rooted in understanding consumer desires and anticipating what they will want before they know they want it. Ronnie Fieg emphasizes the importance of making products that are authentic and resonate with people's emotions, often drawing from his own experiences and the experiences of those around him.

How does Kith's store design reflect the brand's commitment to community and relationship building?

Kith's store design intentionally includes spaces for people to hang out and socialize, such as the courtyard in the Soho shop. This design choice fosters a sense of community and belonging, making shoppers feel welcomed and connected to the brand and its staff.

Why is storytelling through film important to Kith's brand identity?

Storytelling through film is crucial to Kith's brand identity because it allows the brand to communicate its values and product narratives in a visually engaging and emotionally resonant way. Ronnie Fieg and his team use high-quality films to bridge the past and present, celebrating the heritage and evolution of the brands they collaborate with.

What role does travel play in Ronnie Fieg's creative process?

Travel plays a significant role in Ronnie Fieg's creative process by exposing him to different cultures and perspectives. His trips to Japan and Italy have greatly influenced his aesthetic and design philosophy, allowing him to blend elements from these cultures into Kith's product offerings and brand storytelling.

How does Kith balance business and creativity in its operations?

Kith balances business and creativity by ensuring that the business side supports the brand's creative vision. Ronnie Fieg emphasizes that decisions are made to sustain and grow the brand, allowing him to focus on creating products and experiences that resonate with consumers. The team is structured to maintain high standards and consistency, ensuring that the brand's evolution feels natural and purposeful.

What is the significance of Kith's collaborations with iconic brands and individuals like Armani and Jerry Seinfeld?

Kith's collaborations with iconic brands and individuals like Armani and Jerry Seinfeld are significant because they allow the brand to tell unique stories and create emotional connections with its audience. These collaborations are driven by a deep respect for the partners and a desire to celebrate their heritage and impact on culture, rather than just leveraging their names for commercial gain.

Why does Kith place equal importance on both high-end and affordable products like Armani suits and $10 ice creams?

Kith places equal importance on both high-end and affordable products because it wants to cater to a wide range of consumers. Ronnie Fieg believes that both the 35 to 55-year-old man buying a $6,000 Giorgio Armani suit and the younger consumer buying a t-shirt and ice cream are equally important to the brand. This approach helps Kith maintain a diverse and loyal customer base.

How does Ronnie Fieg ensure that Kith maintains a high quality bar as the brand grows?

Ronnie Fieg ensures Kith maintains a high quality bar by surrounding himself with a team that checks their ego at the door and prioritizes the brand over personal interests. The team understands the importance of consistent vision and execution across all facets of the business. Key roles are filled with like-minded individuals who are committed to being the best and continuously improving.

What advice does Ronnie Fieg have for aspiring creatives and entrepreneurs?

Ronnie Fieg advises aspiring creatives and entrepreneurs to start from the bottom and work their way up. Understanding the inner workings of a business and gaining experience in all facets helps in making informed decisions and building a solid foundation. He also emphasizes the importance of passion, consistency, and the willingness to make sacrifices to achieve success.

Chapters
This chapter explores Ronnie Fieg's early career at David Z, an iconic New York shoe store, and the events that led to the founding of Kith.
  • Ronnie Fieg started working at David Z at age 13.
  • His first collaboration with ASICS in 2007 sold out in a day.
  • In 2011, he founded Kith, a highly influential brand in footwear, fashion, and culture.

Shownotes Transcript

My guest today is Ronnie Fieg), founder and CEO of Kith. At age 13, Ronnie started working at David Z., an iconic New York shoe store, where he sold Timberland boots to Jay-Z and Wallabies to Wu-Tang Clan. He worked his way up from the stockroom and earned his first collaboration in 2007, when he worked with ASICS on new Gel-Lyte 3s. That collection sold out in a day after being featured in The Wall Street Journal, catching the attention of Adidas's president and launching his reputation as a cultural icon.

In 2011, he founded Kith, which has become one of the most influential brands in footwear, fashion, and culture. The business sells a unique curation of products that includes exclusive Nike sneakers, Armani suits, Versace robes, watches, cars, and even $10 ice creams.

Our conversation is one of the best examples of life's work I've ever recorded - it explores how Ronnie's pure love of product has shaped everything from a campaign with Jerry Seinfeld to his creative direction for the New York Knicks. Please enjoy this excellent conversation with Ronnie Fieg.

Sign up)** for the Alphasense panel discussion hosted by Patrick.**

My guests today For the full show notes, transcript, and links to mentioned content, check out the episode page here.)

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Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)).

Show Notes:

(00:00:00) Welcome to Invest Like the Best

(00:06:10) The Journey to Shoot Jerry Seinfeld

(00:09:44) Understanding Consumer Desires

(00:12:04) The Queens College Project

(00:15:51) The Evolution of Kith Stores

(00:18:03) Ronnie's Early Passion for Collecting

(00:21:56) From David Z to Kith: The Retail Journey

(00:41:36) The Birth of Kith: Friends and Family

(00:46:40) Origins of Kith: From Concept to Brand

(00:47:18) Building Community and Relationships

(00:47:51) The Birth of Kith Stores

(00:48:43) Footwear Passion and Store Design

(00:49:59) The Evolution of Kith Products

(00:50:52) Storytelling Through Film

(00:57:01) Collaborations and Iconic Partnerships

(01:03:38) The Influence of Travel on Design

(01:09:15) Balancing Business and Creativity

(01:16:06) Reflections and Future Aspirations