Skip to content

Sir Paul Smith - ‘People In Fashion Are Insecure’

How To Fail With Elizabeth Day

Hosted by Elizabeth Day

51m
Transcript

Original podcast

Summary

Written by a model from the transcript; not yet reviewed.

Sir Paul Smith reflects on his life in style, discussing how a life-altering cycling accident at age seventeen redirected him from athletics into fashion and retail. He explains the foundational influence of his upbringing in Nottingham, his business partnership and marriage with Pauline, and the ongoing importance of maintaining curiosity and playfulness. Throughout the conversation, he highlights key challenges, including the dangers of industry comparison, navigating the disruptions of Brexit and Covid, and the importance of resisting self-importance and the hype of success.

  • Find inspiration in everyday details by looking closely at your surroundings. 3:34
  • Maintain your own identity and creative direction rather than worrying about competitors. 31:29
  • Keep yourself grounded by focusing on simple daily realities and family support. 41:41
  • Approach new markets with humility and a willingness to listen rather than demands. 45:18

Chapters

  1. 0:27
    Podcast Intro and Host Greeting

    Elizabeth Day welcomes listeners and introduces the podcast’s theme of learning from failures.

  2. 1:21
    Ad Break and Product Promotion

    A brief advertisement for Ernesta rugs, detailing product features and a special offer.

  3. 2:13
    The 1990s Innovation and Signature Style

    Discussion of Smith’s pioneering use of prints, stripes, and the creation of the iconic brand identity.

  4. 10:00
    Third Failure: Competition and Comparisonitis

    Smith discusses the insecurity of comparing himself to competitors and the importance of staying true to his vision.

  5. 10:30
    Second Failure: Losing the Stripe Logo

    Smith explains how removing his signature stripe caused financial loss before it was reinstated as a brand staple.

  6. 13:07
    First Failure: The Cycling Accident

    Smith recounts the serious road crash at 17 that changed his trajectory and led to his entry into fashion.

  7. 16:00
    Closing and Listener Engagement

    Wrap‑up, thank‑you, and a preview of future episodes and listener questions.

  8. 27:21
    Personal Life: Marriage, Children, and Stepparenting

    Smith shares how his marriage to Pauline and their blended family influenced his personal and professional life.

  9. 34:56
    Fourth Failure: Brexit and Covid Challenges

    The impact of regulatory changes and pandemic lockdowns on the business and the lessons learned.

  10. 40:33
    Fifth Failure: Believing One’s Own Hype

    Smith reflects on ego, media attention, and the need to stay grounded amid fame.

Highlights

  • 0:08

    Head of Happinessinsight

    The guest humorously describes his role at his company, combining garment design with keeping morale high.

  • 8:24

    The Pink Shoebox in LAstory

    An accidental tourist landmark was born when the guest decided to build a bright pink store on Melrose Avenue.

  • 10:41

    Stopping the Signature Stripestrategy

    The guest describes the costly financial gamble of temporarily stopping production of his famous multi-colored stripe logo.

  • 19:42

    Hospital Recovery Humorstory

    During a three-month hospital stay after a severe cycling accident at seventeen, the guest used his flexibility to amuse patients.

  • 35:41

    Navigating Brexit and Coviddata

    As an independent brand without diverse subsidiary income streams, surviving Covid and Brexit trade rules presented severe financial challenges.

  • 42:27

    Overwhelming Reception in Japanstory

    The guest describes arriving in Japan to find thousands of attendees instead of hundreds, requiring his talk to be repeated back-to-back.

Quotes

  • “I always say that you can find inspiration in everything and if you can't, look again.”
    Elizabeth Day · 3:34
  • “The stripes became my logo without, you know, by default really.”
    Unnamed speaker · 9:40
  • “Humour's been such an important part of my life and I think it's a vital ingredient.”
    Unnamed speaker · 21:07
  • “I think the security at home has always been very important.”
    Unnamed speaker · 33:26
  • Ernesta 1:13–1:49

About this episode

Sir Paul Smith is one of Britain’s most iconic fashion designers, renowned for his sharp tailoring and his sartorial flair. His clothes have an innate sense of mischief: brightly coloured linings, unexpected stripes and a determination never to take themselves too seriously. His devoted clients include Gary Oldman, Bill Nighy and Matty Healy, who wore a Paul Smith suit for his recent wedding. Behind the stripes and the suits is a man with a simple life philosophy: stay humble, work hard, be kind. On this episode we talk about the cycling accident that set him on a path to fashion and how he’s kept his global business independent for 56 years. Plus, the secret to a long marriage, what tailoring teaches him about people’s insecurities - and why he wore a suit every day during the Covid lockdowns. IN THIS EPISODE: 00:00 Intro 03:40 Tailoring for Everyone 06:48 The Pink Wall Story 08:31 Stripes and Reinvention 10:20 Turning 80 11:33 Cycling Freedom and Family 18:20 Crash That Changed Everything 24:20 Pauline Sets The Standard 25:19 Keeping Love And Work Balanced 26:19 Step Parenting And Playfulness 27:28 The Trap Of Comparison 32:43 Brexit COVID And Staying Independent 36:02 Choosing The Right Collaborations 37:21 Believing Your Own Hype 42:47 Creativity Legacy And Farewell 💬 QUOTES TO REMEMBER: Pauline [my wife] set the standard - it’s been very important for longevity. A successful relationship is about balance. Knowing when to talk, when to listen… and have both feet on the ground. The danger is losing your focus, and worrying too much about ‘them’. 🔗 LINKS + MENTIONS: Sir Paul Smith’s Memoir ‘Threads’ is available to buy now: www.paulsmith.com/uk/threads-by-sir-paul-smith-special-edition-book Join the How To Fail community: www.howtofail.supportingcast.fm/#content Elizabeth’s Substack: www.theelizabethday.substack.com 📚 WANT MORE? Edward Enninful - swap.fm/l/NOAt5NDZeBTgX6qZUWpB Bella Freud - swap.fm/l/mQntNELQPRhZ9CjFQO77 💌 LOVE THIS EPISODE? Subscribe on Spotify, Apple or wherever you get your podcasts Leave a 5⭐ review – it helps more people discover these stories 👋 Follow How To Fail & Elizabeth: Instagram: @elizabday TikTok: @howtofailpod Podcast Instagram: @howtofailpod Website: www.elizabethday.org Elizabeth and Sir Paul answer listener questions in our subscriber series, Failing with Friends. Join our community of subscribers here: https://lnk.to/7i0moR Have a failure you’re trying to work through for Elizabeth to discuss? Click here to get in touch: askhowtofail.com Production & Post Production Coordinator: Eric Ryan Engineer: Matias Torres Assistant Producer: Shania Manderson Senior Producer: Hannah Talbot Executive Producer: Alex Lawless How to Fail is an Elizabeth Day and Sony Music Entertainment Production. Find more great podcasts from Sony Music Entertainment at sonymusic.com/podcasts To bring your brand to life in this podcast, email [email protected] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

0:00
51:31

8,173 words · 2 speakers

Speaker names marked are inferred from speaking time and the show’s known hosts — they are not voice-verified.

Topics

  • Paul Smith
  • Shop
  • Nottingham
  • London
  • Melrose Avenue
  • Los Angeles
  • Threads, My Life in Style
  • Paris
  • Mexico City

Page updated · transcript and summary are machine-generated