January 23, 2014

How I Got Started: St. John’s founder rises to fashion’s peak

Posted in Business, Women at 3:36 am by dinaheng

When Marie Gray, now 77, decided to save money and make her own dresses, she had no idea that her distinctive knit creations would become iconic outfits for First Ladies, corporate executives, and Hollywood celebrities. Gray, who co-founded St. John Knits with her late husband, Robert Gray, built an internationally recognized fashion house that has branched out into shoes, handbags, perfume, and bath products. The company’s current majority owner, Vestar Capital Partners, declined to reveal numbers, but Hoover’s estimates St. John’s 2012 revenue at $346 million.

To read the complete story in Fortune magazine, click here.


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