Money makers: When clothes are like chicken

Some people are happy to pay extra for better as Jack Wills founder Pete Williams knows only too well.

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Pete Williams, founder of clothing chain Jack Wills
(Image credit: © 2014 Bloomberg Finance LP)

Fashion is a lot like chicken, Pete Williams, founder of clothing chain Jack Wills, tells Jim Armitage in the London Evening Standard. You have people who buy cheap Tesco own-brand meat, and those who go for organic. "They basically look and taste the same," he says, "but one is a pound more expensive If you give a s*** about organic, you'll pay a premium and it's worth every penny. If you don't, it's a rip-off and you'll only ever buy it if it's marked down."

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Chris Carter
Wealth Editor, MoneyWeek

Chris Carter spent three glorious years reading English literature on the beautiful Welsh coast at Aberystwyth University. Graduating in 2005, he left for the University of York to specialise in Renaissance literature for his MA, before returning to his native Twickenham, in southwest London. He joined a Richmond-based recruitment company, where he worked with several clients, including the Queen’s bank, Coutts, as well as the super luxury, Dorchester-owned Coworth Park country house hotel, near Ascot in Berkshire.

Then, in 2011, Chris joined MoneyWeek. Initially working as part of the website production team, Chris soon rose to the lofty heights of wealth editor, overseeing MoneyWeek’s Spending It lifestyle section. Chris travels the globe in pursuit of his work, soaking up the local culture and sampling the very finest in cuisine, hotels and resorts for the magazine’s discerning readership. He also enjoys writing his fortnightly page on collectables, delving into the fascinating world of auctions and art, classic cars, coins, watches, wine and whisky investing.

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