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Article: VALVO JUST GETTING STARTED AT 15.(Carmen Marc Valvo )
- Article from:
- WWD
- Article date:
- March 2, 2004
- Author:
CopyrightCOPYRIGHT 2004 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Early on in his business, it was the beach shack that kept Carmen Marc Valvo going.
Fifteen years later, it has been paid off and renovated many times over.
"When I started out, I had just bought a house in the Hamptons. When I found myself no longer gainfully employed, I was at risk of losing my dream house, which was really a shack," the designer said. "It was two weeks before market week, and I thought, `Who will pay me?' So I started my company that day, flew to the Orient, and called in a few favors. It was all about survival at that point. I probably wouldn't have done it if I weren't that afraid."
The $15,000 initial ...