Greek designer Dimitra Petsa, founder of Di Petsa, shares her journey in the fashion industry, from mentors and business strategies to the impact of celebrity endorsements. She discusses the challenges of starting a fashion brand, financing, and gaining exposure. Selling fashion collections and expanding the brand's presence are also explored.
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Quick takeaways
Building a luxury brand from scratch requires getting noticed, focusing on special elements like DePetsa's wet look technique, and finding ways to finance the business during the early stages.
Balancing the roles of designer and businesswoman, transitioning from control to delegation becomes important to sustain growth and alleviate the burden.
Deep dives
Building a Brand: From Graduation to Global Success
Demitra Petsa, a Greek fashion designer, started her brand DePetsa just a year after graduating from Central St Martin's University. She gained celebrity attention by creating a wet look technique that made garments appear wet. Celebrities like Shakira and Kim Kardashian wore DePetsa designs, boosting brand exposure but not always resulting in immediate sales. Despite the challenges of financing and self-promotion, Demitra slowly built her brand from her living room, relying on word of mouth and social media. As the brand grew, she faced the difficulty of juggling business and creative responsibilities. With mentorship and support, Demitra participated in London Fashion Week and expanded her team. Appearing at Fashion Week and showcasing in showrooms helped her attract buyers from retailers like Selfridges and LSTC. While the wait for payment from retailers can be lengthy, direct-to-consumer sales provide a steady income stream. Depetsa aims to continue growing, expanding into new territories while focusing on brand awareness and engagement.
The Luxury Fashion Industry: Opportunities and Challenges
The luxury fashion industry is worth nearly $400 billion and maintains a steady growth rate of 6% each year. High-income consumers enable luxury fashion to outperform other sectors even during periods of economic uncertainty. DePetsa's emphasis on sustainable practices and craftsmanship sets it apart from other luxury brands. While dressing celebrities can increase brand awareness, translating this exposure into sales is not always guaranteed. Building a luxury brand from scratch requires getting noticed, focusing on special elements like DePetsa's wet look technique, and finding ways to finance the business during the early stages. Mentoring, participation in fashion initiatives, and self-promotion through platforms like Instagram contribute to brand visibility and growth.
Expanding and Managing Growth: From Control to Delegation
As DePetsa grew, Demitra faced the challenge of managing various aspects of the business. Initially, she operated from her living room, slowly attracting commissions and reinvesting profits. Demitra's clear vision and visual portrayal of the brand helped gain exposure through social media and smaller fashion magazines. Balancing the roles of designer and businesswoman, Demitra gradually recruited staff members and sought support from initiatives like the British Fashion Council. Transitioning from control to delegation became important to sustain growth and alleviate the burden. While showcasing at Fashion Weeks and securing retail partnerships requires investment, direct-to-consumer sales provided a consistent cash flow for DePetsa. The future includes expanding into new territories while maintaining brand ethos and engagement.
We speak to Greek designer Dimitra Petsa - founder of Di Petsa - a brand which has been worn by celebrities around the world.
She graduated from fashion school five years ago and since then has launched her own fashion brand.
Very few make it in the fashion world - Dimitra explains how she did it from mentors and getting exposure to creating business plans and coming up with business strategies.
Producer/presenter: Hannah Mullane
(Picture: Models wearing Di Petsa clothing. Credit Di Petsa)
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