The designer shocked the fashion industry when he left the brand without disclosing a reason for his departure in March.
Speculation increased when it was announced that the company would continue without the fashion creative, only days after he was nominated for the CFDA Menswear Designer of the Year award.
Now investors of the Spurr label have hinted they parted ways with Simon because they asked him to make the label more “commercially viable,” the New York Times reports.
“The issue at Mr. Spurr’s company appears to centre on a disagreement about the positioning of his clothes at the high end of the market. An attempt to separate less expensive T-shirts and sportswear designs under a second label, called Spurr, was not entirely perceived as successful last year,” the publication writes. “The company’s sales were only around $3 million, and Mr. Spurr, according to retailers who carry the line, was under pressure to make his collection more commercially viable and at a faster pace.”
Meanwhile, the fashion creative is trying to overcome differences with his backers.
The designer added that he would like to return to his company eventually once the problems have been ironed out.
“I’m working together with my business partner and investor to find a resolution,” he said. “I have high hopes to come back to the company one day. I’m looking forward to whatever the next step would be, whatever it is.”