paul smith on fashion 2

"I'm very curious and being childlike is vital in our industry."

Paul's range is truly staggering, but while success can be fleeting his 40-year career is underpinned by his ability to engage with any subject with a childlike sense of wonder. That said, while Paul may have a childlike approach, you could never accuse him of being na?ve. Savvy business decisions underpin the whole of his operation and allow him to work with the creative freedom that defines his label.

"One of my strengths has been to say no over the years", says Paul. You can imagine that one of the things he has said no to is large-scale corporate involvement in his brand. Young designers beware: investment brings money and security, but it also brings bureaucracy, restriction, and a potential loss of control.

"One of the points about fashion", says Paul, "is that it should really be instinctive and very spontaneous. Real spontaneity can't be accomplished if there is too much to consider – what about brand image? What about the corporate strategy? Going back to my shop in Los Angeles, that is the opposite to a lot of my other shops, but because I am independent I could just go: 'let's make a pink box'. That's it paul smith tote bags!"

But while independence has afforded Paul freedom, he is as much a slave to sales and profits as any other businessman and when it comes to making money, Paul repeats one word: balance. He goes on to demonstrate the balancing act of the modern fashion designer with what looks like a kind of quaint folk dance: he holds one hand out in front of him and keeps the other tucked behind his back.

"Real spontaneity can't be accomplished if there is too much to consider"

"That [he waves the hand in front of him] is the purity of what you really want to do, and that [he waves the other hand behind his back] is earning money to survive so you don't compromise that [the hand in front]."

"With Paul Smith", he says, continuing the thought, "we have a jeans collection that sells ￡32 million a year and I have a mainline collection that sells ￡10 million. That [the jeans collection/front hand] pays for 180 people in this building and 1,000 staff in Europe. If you have one without the other it wouldn't work, but if you can get the balance between the two, then it really works."

Paul leaves you with no illusion that businesses live and die by their balance sheets and that a young designer today must, at least, have a working knowledge of the industry – he has once quipped that the main reason for his success is that he knows that VAT means Value Added Tax and not vodka and tonic. Yet, Paul is also living proof that lasting success depends on more than just business smarts: his is an empire of character, built on the humour, charm and enthusiasm of the man who sits at its centre.

One of the stories about Paul that has become something of a legend is that he used to carry around a miniature briefcase train set that he would break out during particularly long and protracted business meetings in Japan, and, sure enough, there it sits in the corner of his office.

"Things like that helped in those early days", he says, "having things that stuck in people's minds. This idea that you must create a memorable moment is one that Paul constantly returns to throughout our talk, he has even developed his own terminology for it. Ask any Paul Smith employee about "the squirt of lemon" and they will smile back with a knowing look.

"What I'm trying to say is", says Paul, explaining, "you know when you might go on a lovely holiday and everything's perfect and then on the last night you're putting some lemon on your fish and some juice goes in your girlfriend's eye, then the thing she remembers about the holiday is that she got lemon in her eye. You've got to have something that people go away with and remember."

It is an interesting idea, and Paul has been aiming squirts of lemon at people's eyes for nearly 40 years. You can see it in the quirky details of his clothing – a bold print fabric used for the pocket lining or a single gold button at the collar – and in the curiosities he sells in his shops: vinyl, posters, or a vintage pen knife.

Much of the zest of Paul's character comes from being British, making him a particularly apt role model for the young designers of London Fashion Week, but what does British Fashion mean to him?

"I think that British Fashion Week is a goldmine of talent and openness."

"I think that if you could put Britishness in a jar", says Paul, "it would be just a sort of inventiveness, a creativeness, and a quirkiness that is all embracing. I think that British Fashion Week is a goldmine of talent and openness." Set against the rigid structure of, for example, Italy, where people tend to follow tradition, British fashion, like the country itself, is defined by diversity. "I think we just shoot from the hip and all sorts of stuff comes out" says Paul.

In any ordinary instance it would be hard to quantify intangible qualities like character and personality, to measure their importance, luckily there isn't too much that's ordinary about Paul Smith and the physical evidence of his charm can be found all around his office: alongside the books, bikes, and bric-a-brac you find heartfelt letters and handmade objects sent by Paul's admirers from far-flung corners of the world.

"I've got a Belgian girl who's been writing to me since she was 11, she's 16 now", says Paul. "Her first letter said, 'I don't like fashion but I like you', and she'd never met me. Where does that come from?" Paul has another secret admirer who has been anonymously sending him unwrapped objects in the post for the past twenty years paul smith bags; Paul shows us a tree branch, a sunflower, and a manikin bust, each peppered with brightly coloured postage stamps. There are so many of these objects that Paul recently put on an exhibition of the objects in Singapore.

"I've got a Belgian girl who's been writing to me since she was 11, she's 16 now. Her first letter said, 'I don't like fashion but I like you'. Where does that come from?"

In another corner of the room there is an untidy pile of cycling jerseys that Paul is particularly proud of. His love of cycling is no secret and he picks one particular jersey out for special mention. "This is from Fabian Cancellara," he says, "the Swiss national champion. He was on the Champs Elysee on the last day of the Tour de France, and he went up to David Miller [the team GB cyclist], put his hand in his pocket, pulled this jersey out and said: 'this is for Paul' - in the race!"

For each of these stories there are ten more that we don't have the time here to tell, but each is an example of the tremendous emotional response that Paul Smith evokes. As he showed us around his office, moving from one amazing object to the next, it was hard not to be moved by the goodwill and affection loaded into each object. You can't imagine, for example, strangers sending Karl Lagerfeld a handmade nativity scene crafted from peanuts (this actually happened), but this is all part and parcel for Paul Smith.

Our final question was a key one: do you think a young British designer coming through today could emulate your success?

"If they were patient they could", says Paul. That might not be the answer that the hungry young designers of London Fashion Week wanted to hear paul smith mini car bags, but it is the truth.

" paul smith purse;Andy Warhol said that everyone has their fifteen minutes", says Paul. "and the more I think about that little sentence I find it's so true. So many people only have that fifteen minutes of success and don't have 40 hours."

With a little patience and a great deal of hard work, Paul Smith has extended his 15 minutes to 40 years, and long may it continue.