In my early days, fashion was considered a very high risk industry. The failure rate is very high. Trying to get capital and trying to find people who specialize in that industry is very difficult too.
Joe MimranThe hardest thing, particularly in the fashion industry in Canada, has been access to capital.
Joe MimranThere's a lot of funding of the media and film in particular, literary publishing gets recognized as culture. I think fashion should too.
Joe MimranThere are different ways to raise capital that were not available when I was growing my business.
Joe MimranI would say I used to spend 60 percent of my time just to raise capital, when I was growing.
Joe MimranMany other countries that Canada competes with, fashion is part of their culture, whether it be the U.K. or Italy. They get a lot of support from the government. I think that's going to be required here in Canada, if we ever want to truly get behind the creativity that is here in this country.
Joe Mimran