I was talking to Donna Karan at an event and she said, "You know, Ralph, I still don't feel rich."

I have always been inspired by the dream of America-families in the country, weathered trucks and farmhouses; sailing off the coast of Maine; following dirt roads in an old wood-paneled station wagon; a convertible filled with young college kids sporting crew cuts and sweatshirts and frayed sneakers.

Fashion is a function of lifestyle, and style a function of quality, integrity and timelessness.

Sometimes when I walk into one of my own stores, I look at the display and say, "This looks so good - I want to buy it." Yet other times I walk in and the displays and mannequins will be all wrong, and I don't want to buy anything. When a customer walks into a store, she's looking for inspiration. So I'm tuned in to people, and I care about what they need and who they are.

What's interesting about fashion is it's a world, and I think that's what I've done - I've made a contribution and I think I've built a world. The world is beyond just clothes. Taste and style is beyond clothes. It's in food; it's in quality.

Some days I have a knot in my stomach because I've got to sit down and come up with something in womenswear that no one else came up with.

When you think of the blur of all the brands that are out there, the ones you believe in and the ones you remember, like Chanel and Armani, are the ones that stand for something. Fashion is about establishing an image that consumers can adapt to their own individuality. And it's an image that can change, that can evolve. It doesn't reinvent itself every two years.