By  on January 28, 2008

Alvin Valley has returned to the helm of his namesake company, which has been plagued by design and distribution problems since The Moret Group purchased a half-stake two years ago.

"Once any young designer gets in a partnership with a large corporation, you can lose sight of everything," Valley said. "It got too big too fast. There was so much money available to us that we got overwhelmed, and there were many layers between me and the product. I got so distracted doing so many other things, only working two or three days a week, that I didn't notice that the fit and design quality were changed. The image went from young designer to more mature."

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