Type | Private |
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Industry | Clothing |
Founded | New York City, New York, 1938 |
Headquarters | New York, New York |
Key people | Ralph Ostrove (Founder) Clifford Grodd (former President & CEO) Michael Ostrove (President & CEO) |
Products | Men's and Women's Clothing |
Website | www.paulstuart.com |
Paul Stuart is a men's and women's clothing store in the United States. Founded in 1938 in New York City, New York, USA, by haberdasher Ralph Ostrove, who named the company after his son Paul Stuart Ostrove. This retailer has remained a privately-held family business.
Paul Stuart is often compared to Brooks Brothers and known for its traditional suits and colorful accessories.
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Today, the company operates additional locations in Chicago, Seoul, South Korea and throughout Japan. The original New York location is still located at the corner of Madison Avenue and 45th Street. It has grown to 60,000 square feet (5,600 m2) and remains the company's largest store.
In the Fall of 2008, Paul Stuart relocated their store in Chicago from the John Hancock Center on Michigan Avenue to Oak Street. Paul Stuart's Oak Street location is known as "The Townhouse", supposedly for its more "intimate" environment. In the Spring of 2011, Paul Stuart opened a second Chicago location in The Loop at the corner of LaSalle Street and Adams Street in the historic Continental and Commercial National Bank building.
In the Fall of 2007, Paul Stuart launched Phineas Cole, the first new brand in the luxury clothier’s 70-year history.
In the Spring of 2009 Paul Stuart opened a 700-square-foot (65 m2) Phineas Cole shop-in-shop at the front corner of the flagship Madison Avenue store.