Derek Lam’s net worth is $10 million. He is an American Fashion Designer and Founder of brand Derek Lam with his wife Jan Hendrik-Schlottmann.
Derek Lam Biography
Derek Lam is an American fashion designer. Lam, who also created his own label, served as Tod’s ready-to-wear and accessories creative director from 2005 until 2010.
He was brought into this world on 1967. His brand has more than 130k followers on Instagram – dereklam.
Lam is wed to Jan Hendrik-Schlottmann, who is also his business partner and was born in 1964 or 1965. Lam resides in Manhattan’s Gramercy Park.
Early Life
Lam, who is of Chinese American descent, was born in San Francisco, California. In his third-generation family, Lam is the youngest of three kids. His grandparents owned a prosperous textile factory in San Francisco that specialised in bridal and wedding garments, and his parents had a business importing clothing from Asia. Lam received his diploma from Manhattan’s Parsons School of Design in 1990.
Career
In the 1990s, Lam started working as an assistant for Michael Kors, where she spent four years. Lam later relocated to Hong Kong to work for a significant retail company. Derek returned to New York after his time in Hong Kong and was given the position of vice president of design for Michael Kors’ Kors line.
He started his own label in 2003. In September 2003, he made his fashion week debut. Lam took up the runner-up prize and the CFDA Perry Ellis Swarovski Award for New Designers in the 2005 CFDA/Vogue Fashion Fund competition. Along with clothing, the Lam and Derek 10 Crosby brands include ranges of shoes, purses, and eyewear.
An online store featuring Lam’s ready-to-wear and accessory collections was introduced in February 2010. 2015 saw the introduction of the Lam 10 Crosby fragrance line. Lam built a store in 2009 that was created by the Japanese architectural firm SANAA, however it subsequently shut down.
Public Clothing Company purchased the Derek Lam name in January 2020. Lam continues to serve as the company’s Chief Creative Officer, which also includes Derek Lam 10 Crosby. In order to concentrate more on Derek 10 Crosby and its extension into modern designs, he closed his luxury range. Dan and his team have a fantastic opportunity to build the branded business, both geographically and with new product categories, Lam stated in an interview about the sale.
There is a big possibility in the global market that has largely gone unexplored.
Additionally, Lam incorporates eco-friendly clothing throughout his lines. In his creations, Lam uses eco-viscose and non-chromed leather. He is also focusing on the use of recycled cashmere, recycled polyester, and raw green resources in knitwear.
FAQ
Who is Derek Lam worth ?
Derek’s net worth is $10 million.
When was he born ?
He was born on 1967.
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