Celebrating a Fashion Legacy: Jeffrey Banks Reflects on His Journey and Future Plans
After nearly five decades in the fashion industry, Jeffrey Banks has a wealth of experiences to share. The American designer recently took the stage at 92NY for a “Fashion Icons” talk with longtime friend Fern Mallis, where he recounted pivotal moments from his illustrious career. From borrowing Ralph Lauren’s tuxedo for his senior prom to befriending Hollywood legends like Audrey Hepburn, Banks’ journey is a tapestry woven with remarkable encounters and achievements.
A Glimpse into a Fashion Icon’s Life
Banks, who has garnered two Coty Awards, unveiled his memoir, “Storyteller: Tales From a Fashion Insider,” during the event. This book, his sixth, chronicles his interactions with fashion titans such as Pierre Cardin and Yves Saint Laurent, offering readers an insider’s perspective on the glamorous yet challenging world of fashion.
Born in Washington, D.C., Banks built a business worth over $20 million by the 1990s. However, the evening was not merely a nostalgic reflection; Banks announced plans to revive his menswear collection next fall, starting with knitwear and underwear. This move signals a new chapter in his career, demonstrating his enduring passion for design.
Overcoming Challenges in the Fashion World
When discussing the hurdles he faced as a Black designer, Banks emphasized that his race was not a barrier in his professional journey. “The president of Saks Fifth Avenue doesn’t care if I’m Black, white, green, gay, straight, or otherwise. All he cares about is whether the clothes that I am selling are going to make money for his store,” he stated. This perspective highlights the evolving landscape of the fashion industry, where talent and business acumen often take precedence over background.
Despite his success, Banks expressed a desire for a more balanced personal life. Reflecting on his legacy, he hopes to be remembered for his integrity in both design and storytelling. “The greatest compliment is when somebody says, ‘I have a coat of yours that is 20 years old. I don’t fit in it. I can’t give it away, because I love it so much,'” he shared.
Key Takeaways from the Evening
The First Naysayer
Banks recounted a formative experience with his nursery school teacher, Myrtle Thompson, who doubted his aspirations of becoming a designer. “Whoever heard of a Black designer?” she asked. This moment fueled his determination to prove her wrong, setting the stage for his future success.
Meeting Ralph Lauren
A pivotal moment in Banks’ life occurred when he met Ralph Lauren. As a teenager, he skipped school to meet the designer during a charity fashion show. Dressed in Ralph Lauren attire, he faced a flat tire on the way to the airport but managed to impress Lauren nonetheless. Their conversation about aspirations and dreams solidified Banks’ path into the fashion world.
Wearing a Designer Tuxedo
In a heartwarming anecdote, Banks shared how Lauren sent him his personal tuxedo for prom. “In those days, there was no FedEx. If you wanted to get something overnight, you went to Greyhound or Trailways,” he explained. This gesture not only showcased Lauren’s generosity but also marked a significant moment in Banks’ life, symbolizing the connections he would forge in the industry.
Transitioning to Calvin Klein
Banks later transitioned to work with Calvin Klein, where he made a name for himself. He recalled a lunch meeting where he challenged Klein’s understanding of Harris tweed, showcasing his expertise and passion for fabric. This encounter led to a pivotal career move, as Klein doubled Banks’ salary, solidifying his place in the fashion world.
Unsolicited Branding
On his first day at Calvin Klein, Banks gifted the designer custom T-shirts with his logo. Although Klein initially dismissed the idea, Banks’ initiative led to a successful branding strategy that would become a hallmark of the Calvin Klein label.
Advice from Calvin Klein
Klein’s encouragement to pursue his own studio was a turning point for Banks. He began creating clothes for various brands, including Alexandre Furs and Merona Sport. His designs gained visibility when Ronald Reagan was photographed wearing his creations, further establishing his reputation in the industry.
Mentoring Future Leaders
Banks also shared insights about his mentorship of Mindy Grossman, who would go on to become a significant figure in the fashion industry. He recognized her talent early on and created opportunities for her, demonstrating his commitment to nurturing the next generation of designers.
Wisdom for Aspiring Designers
In closing, Banks offered advice to young designers: “Learn about the business of fashion. If I could do it all over again, I would have taken business courses, because fashion is a business.” This practical wisdom underscores the importance of understanding the commercial aspects of the industry, a lesson that resonates with many aspiring creatives.
Conclusion
Jeffrey Banks’ journey through the fashion industry is a testament to resilience, creativity, and the power of mentorship. As he prepares to launch his menswear collection, his story serves as an inspiration for both established and emerging designers. With a legacy built on integrity and passion, Banks continues to shape the fashion landscape, proving that the art of storytelling is as vital as the designs themselves.
