The MT Interview: Richard Caring

Management Today, June 1, 2009 | Go to article overview

The MT Interview: Richard Caring


Over 40 years, he cornered the UK fast-fashion market, supplying 70% of the clothes sold by his pal Philip Green and other retailers. In a late change of tack, he built a portfolio of blue-chip clubs and iconic restaurants. Now, recession or not, he's taking these brands abroad.

At the 11th hole on Wentworth's West Course, my golf ball is heading for the green. Instead of bouncing straight, it goes left, clips the edge of a bunker and ends up in the sand. 'Who put that bunker there?' I shout. From across the fairway, Richard Caring responds, laughing: 'I did!' He flashes a dazzling smile. I swear I've never seen anyone with whiter, more perfect teeth than Caring.

Golf has a reputation for stuffiness, and as one of the most prestigious clubs in England, Surrey's Wentworth should be right up there in terms of petty rules and stifling atmosphere. But it's not like that. Despite a joining fee of pounds 15,000 and an annual hit of pounds 7,000, it offers rooms that are relatively contemporary and a casual ambience. The service is warm and personal, the bar staff know how to make cocktails, and the menu in the main Grill restaurant name-checks dishes from London's Le Caprice and The Ivy.

Overseeing it all is Caring - at 61, a multi- millionaire Londoner who started out in the rag trade and now commands a global empire that takes in fashion, property and some of the world's most famous names in restaurants and clubs: Wentworth, Annabel's, The Ivy, Le Caprice, Cecconi's, J Sheekey, Rivington, Daphne's, Bam-Bou, Soho House, Mark's Club, George, Scott's, Electric House, Pasha, High Road House, Harry's Bar, Cote, the Bath & Racquets Club.

A large slice of Camden Market is also his, and the old US Navy building in Grosvenor Square (he plans to turn it into luxury flats) - as is Babington House, Somerset, the country arm of Soho House. That's just in the UK. Soho House club has gone overseas, to New York (it opens shortly in Berlin, Hollywood, Miami and Chicago) and Caring has just launched Cecconi's in Los Angeles. There's a Rivington in Dubai and soon there'll be a Caprice in New York.

Much of this has been accomplished at breakneck speed. While others such as Robbie Tchenguiz are paying the price for massive over-leverage, Caring is spending hard-earned money. In 2005, he was a relative unknown. He still is. He likes to keep a low public profile.

If he was known at all, it was as the man who supplied clothing to stores owned by his best pal, Sir Philip Green. Most of his time was spent in Hong Kong, where he had his home and main base. Then he embarked on a spending spree that has left the restaurant world gasping. And he shows no sign of stopping - his name is constantly linked with possible further purchases, the latest being Italian chain Carluccio's.

Caring likes to remain in the background, but there is no mistaking him. At 61, he may qualify for a free bus pass, but he looks remarkably well preserved - the result of running every day on Hampstead Heath with his German Shepherd dogs. With his thick, swept-back hair and lean frame, he looks more like a snake-hipped, ageing ballet dancer than a business tycoon.

In London, his home is a vast mansion near Kenwood House that he shares with his wife, Jacqui, a former model (they have two sons, Jamie and Ben, who both work for Soho House). It has a 55ft ballroom, cinema, a dining room that seats 30 and a two-acre garden with a lake.

His office is an anonymous modern building between Fitzroy Square and Euston Road. Caring's own lair is on the top floor. It's a huge room, with a fully equipped bar and a roof terrace that faces south across the West End. As well as the spectacular, sweeping view, it's the art that catches the eye. There are Degas drawings, a Matisse painting and, in the middle of the floor, a Henry Moore bronze of a mother and child. The sculpture had to be lifted in by crane, he explains. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

The MT Interview: Richard Caring
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.