How Nautica’s David Chu gave up retirement and created a hugely popular Beijing event space
Bored of playing golf, designer with the Midas touch went back to work. He talks about his latest venture, Jensen Hus in Beijing, which has become a must-visit destination for the city’s fashion, arts and design crowd
After banking the lucrative proceeds from the sale of his self-founded brand, Nautica, designer-entrepreneur David Chu had a plan in place, to play golf as often as possible, and generally enjoy a life of leisure.
This early retirement scheme did not last long. Chu, just 49 at the time, realised that he still had a head full of ideas, with the requisite business knowledge and experience to implement them effectively. The Taiwan-born, America-raised amateur golfer was finding it difficult to find enough pals willing to devote a midweek day to hitting a small white ball around.
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“I love product, I love design, I love planning and love the strategy.”
Chu’s immediate scratch for that entrepreneurial itch was to start another leisure wear company, Lincs, which now has 20 stores in China; invest in promising businesses; later act as creative head for the luggage company Tumi and – most recently – acquire the century-old Danish jewellery and home ware brand, Georg Jensen, with a London-based investment company.