Atty. Sitoy miangkon siyay miilog sa ER
Another Filipina is making waves in the rarefied worlds of home furnishings and fashion accessories.
Ria Macasaet-Augousti is one-half of the R&Y Augousti brand (her business and life partner is Cyprus-born Yiouri), whose exotic skin clutch bags in deep, rich tones are the fashion world’s new must haves.
A full-page feature in the March 2007 Spring issue of Vogue formalizes what furniture, fashion and, most recently, jewelry connoisseurs have been raving about and buying up for years.
The R&Y Augousti boutique opened in
Their products are made in
Ria was born in
“We got on like a house on fire,” Ria said in an interview with Three Layer Cake online newsletter. “Only a few months after we met we decided we could make something on our own. We left the firm and started our own business.”
The couple married in 1990, and the business took an initial detour in the form of sugar futures, which the couple traded, quite successfully —at one point they had $48 million in letters of credit —with the help of family contacts until the market crashed. But by then they had enough capital to start their venture, a first line consisting of small item home accessories that, even by their own estimate, sold unbelievably well when they debuted at a trade show in
Neiman Marcus bought pieces, as did Barney’s
The bag line came about when Ria created bags for herself, which all her friends wanted. Their spring line, featured in Vogue, includes emerald green and crimson clutches adorned with shagreen clasps and lined with aubergine suede.
Ria and Yiouri design all of their lines, as well as their
“You find your soul mate, and it is a formula that works,” Yiouri tells Vogue.
“The most successful pieces are really done by both of us,” Ria says of the winning partnership.
- Latest
- Trending