Chad Karin: Restaurant Dream Of Fashion Tycoon

By chance, British clothing tycoon Richard Karin has set foot in the high-end catering industry.

He quickly turned this hobby into his main business.

In just a few years, he spent hundreds of millions of pounds to buy dozens of high-end restaurants and private clubs in many parts of the world.

Carlin's ambition is not limited to this.

His dream is to build a world-class restaurant in the world and establish the world's first restaurant chain.

Although most of the top restaurants in London are Carlin now.

Carlin was born in England in 1948.

His father, Lou Kalingi, was an American soldier who was treated in Britain during the Second World War.

During his recovery, he met a nurse named Silvia palms, and the two fell in love and gave birth to Carlin.

After the war, Lu stayed in London and changed his surname to Carlin and began to set foot in the garment industry.

Carlin finished his education at the age of 16, entered the real estate industry as an apprentice, but soon asked his father to return to help run the family business.

He designed a series of clothes and began to run around the family business.

"I have to set up a goal to sell 200 clothes in a week.

The cost of each garment is two pounds, sold at 3.5 pounds, "Carlin said.

Carlin's target increased from 200 to 500, and then soared to more than 1000, up to tens of thousands.

Apart from his excellent design ability, Carlin has a keen sense of business.

He learned from a friend that Hongkong was the right place to develop the clothing industry and then moved the family business there.

At that time, many clothing chains sought cheap goods to reduce costs, and Carlin became their best choice.

His international fashion design group is developing rapidly, almost monopolizes the low-end fashion market in the United Kingdom, and becomes the main supplier of many retailers such as Marx Spencer department store and BH S chain store.

Carlin then extended business to the United States to supply large supermarkets like WAL-MART.

Marching into restaurants

To this day, many business observers do not understand why a wealthy man like Carlin, who has a lot of money to spend, will step into a completely unfamiliar industry. Some observers believe that Carlin is doing so out of vanity.

This statement is not without reason. Although Carlin himself doesn't like to be in the spotlight, he likes to make the most famous figures in the world.

He spent 8 million 500 thousand pounds on a charity fundraising party in St Petersburg, Russia, including the former US President Bill Clinton.

Others believe that Carlin's acquisition of high-end restaurants is just to increase "collectibles", just as he buys private planes, private yachts, and luxury houses in Hampton, North London, Spain's resort, malvilla, etc.

But in fact, Carlin is involved.

For many years, Philip Green, BH S chain store owner, has been the principal business partner of Carlin.

6 years ago, Green decided to buy Marx Spencer department store and asked Carlin to help.

He promised Carlin that once the acquisition was successful, all the commodity supply chains of Marx Spencer department store would be managed by the latter.

Carlin accepted Green's proposal to abandon the original clothing industry and "fired himself."

Carlin went to the world to sell his clothing factories to the local management.

"I met people and told him," well, this is yours. "

However, Green's acquisition plan eventually turned into a disaster.

His bid was rejected by Marx Spencer department store, and Stuart Ross was "half way out" and successfully acquired the department store in July 15, 2004.

Carlin woke up on the second day and found himself unemployed.

"Totally screwed up," he admitted.

Fortunately, Carlin soon found a new career.

Elliot Belne, a real estate developer, learned that he was looking for a new industry and asked him if he was willing to buy the Wentworth golf club.

As a golf enthusiast who picked up the club at the age of 5, Carlin did not hesitate to sign his name on the purchase contract.

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"It's like asking a football fan if he is willing to buy Manchester United club," he said.

The acquisition of the Wentworth golf club opens a bigger door for Carlin.

Shortly after the completion of the acquisition, Carlin cooperated with Kapp Rich and ivy, the famous high-end restaurant owner Kapp Rich holding company, to improve the catering service of the club.

The two sides were happy to cooperate, and Carlin bought 33 million 500 thousand Cape's company in 2005.

After that, Carlin got out of hand.

In the next 5 years, he spent about 500 million pounds to buy 40 industries.

In London, the main high-end restaurants, nightclubs and private clubs are Carlin's industries. Its restaurants and entertainment brands are all over the world's major cities such as Berlin, New York and Losangeles.

"The shopkeeper"

Carlin's first impression is a man of extreme control.

He always wears a Armani black shirt and a white shirt.

Whether it's in Losangeles or Spain, it always looks like a Mercedes Benz S65A M G.

However, according to Carlin himself, he is a thorough manager in the management of restaurants.

"The people you work with reflect your level," he said. "Why do I meddle with the best people?"

Is Carlin talking about the truth? Normally, if you spend 500 million pounds on high-end restaurants all over the world, you will want to build them according to your own ideas, whether it is raw beef paste or the toilet lotion.

However, Keith McNally, who recently worked with Carlin, has actually learned the "shake hands" style of the millionaire.

Mcnally, 58, is the owner of 11 high-end restaurants in New York, such as Zal and Pasti.

At first, Carlin offered $1 million to buy Mcnally industry, but put forward a number of harsh conditions, which was rejected by the latter.

However, the two people finally reached an agreement that Carlin spent $4 million 750 thousand to buy Mcnally's restaurant and invested $750 thousand to let Mcnally open a top pizza shop in Manhattan.

After the first few meetings, Carlin gave Mcnally all the affairs relating to the company.

"He told me that the 100% prize is mine.

He kept his promise, "Mcnally said." when we spent more than 30% of the budget and I had to ask him to invest more, he gave me the money. "

More annoyed than Mcnally's move, Carlin did not attend the opening ceremony of the restaurant in March.

"I really want him to see it with his own eyes," Mcnally said. "With Richard's money and the fact that he believes you can get things done, you can do more than shop with your own money."

Lofty ideals and high aspirations

Although Carlin rarely gets involved in the specific affairs of every restaurant or private club, he has a clear long-term plan for his industry.

In his view, London has the best restaurants, private clubs and nightclubs in the world, providing customers with a modern relaxing environment and providing food that everyone likes.

What London lacks is a person with sufficient resources and time to push these brands to the world.

Carlin thinks he is the man of destiny.

His dream is to build a global chain of high-end restaurants and private clubs.

To achieve this dream, Carlin takes the simplest way to buy the best brands, hire the best people, provide them with the investment and space they need to set up shop around the world, and then they can wait for their own profits.

So far, Carlin's strategy has been successful.

Last year, the pre tax profit of his industry was 65 million pounds.

"Next year it may be 81 million pounds," he said. "Even during the recession, people are prepared to spend money on the services we provide.

At the same time, we are moving out of recession. "

Carlin wants to conquer 4 markets at the same time: the high-end restaurants with the rich as the target group, the exclusive senior clubs, the clubs for artists and media users, and the senior restaurants for those who are tired of ordinary hotels.

Des MacDonald and Mcnally, chief executive of caprice company, are the people who help Carlin complete his dream.

After the opening of the company, Carlin asked Mcnally to open more restaurants in New York, and then put poly into the Losangeles market and finally enter London.

Macdonald's mission is to expand the industry of Karin to foreign markets such as Moscow, Dubai and San Francisco.

Nick Jones and Carlin's two sons, Jamie and Ben, are responsible for setting up a branch of Suho Museum in the world.

So far, the largest Suho Pavilion "Miami Beach Suho Museum" will open in autumn this year, and branches in Chicago, Shanghai and Sydney have also been put on the agenda.

Carlin has a strong sense of brand.

He is very sensitive to the location of his business, for example, he should open upscale restaurants in the residential area and open fast food restaurants in the downtown area.

He asked to avoid opening restaurants in the hotel as much as possible. "Because this will weaken your brand, you will become a restaurant in a hotel."

Carlin also refused to bring his premium brand to "second tier city".

"Will we open an Ivy restaurant in Manchester? It won't be in at least 1 million years."