
Theory CEO Andrew Rosen owns racehorses, and finds that it’s a lot like running an apparel business. “You gotta get lucky,” he tells WWD. “In horse racing and clothing, you have to be able to predict the future a little bit and read between the lines. That’s why I love it. Things are always changing, and you have to read the signposts to figure out which way to go. Neither one is seat-of-the-pants. You have to have a strategy.” [WWD]