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  • Writer's pictureWilson Luna

Lacoste Story, From a Joke To a Billion Dollar Empire - Leadership Story

Updated: Aug 21


Wilson Luna Reviews | Leadership

Rene Lacoste is a name synonymous with both sports and fashion, but his story is more than just about a successful tennis career and a popular clothing brand. It’s about leadership, resilience, and the ability to turn a simple idea into a global phenomenon. From a joke about a crocodile to a multi-billion-dollar empire, Lacoste’s journey is filled with valuable leadership insights.


The Early Days: A Passion for Tennis and the Birth of a Leader

Rene Lacoste was born on July 2, 1904, in Paris, France. His family was well-off, giving him the freedom to pursue his interests. At the age of 15, Rene discovered his passion for tennis. His father, Jean-Jules Lacoste, wasn’t too thrilled about his son’s ambition to become a professional tennis player, especially since Rene wasn’t among the top players of his time. However, after seeing Rene’s unwavering interest, his father gave him five years to prove himself and become a world champion.

Rene Lacoste

Photo of Rene Lacoste


The Path to Success: Perseverance and Leadership

Rene took on his father’s challenge with determination, dedicating himself to intense training. Despite early setbacks, including losing in the first round at Wimbledon in 1922, Rene didn’t give up. He continued to push his limits, slowly improving his skills and building a reputation. By 1923, he was selected to play for France’s Davis Cup team, earning the nickname “The Crocodile” for his tenacity on the court.


Rene’s journey wasn’t just about personal success; it was about leadership. He led by example, showing that persistence, hard work, and a clear vision are essential to achieving greatness. His leadership on the court translated into victories, including winning the French Championship title in 1925 and the U.S. National Championship in 1926.


Rene Lacoste

Rene Lacoste playing in the U.S. National Championship in 1926


The Birth of Lacoste: Turning a Joke into a Leadership Symbol

The nickname “The Crocodile” wasn’t just a moniker; it became a symbol of Rene’s leadership and resilience. In 1926, after a bet with his team captain, Rene had a crocodile embroidered on his blazer. This simple act sparked an idea that would later evolve into the Lacoste brand.


Rene realized that traditional tennis attire, like long-sleeved button-up shirts, hindered performance. He saw an opportunity to innovate and designed a short-sleeved, jersey-knit polo shirt that provided better flexibility and comfort. This was the birth of Lacoste, a brand that would become synonymous with both sportswear and leadership in fashion innovation.

Rene Lacoste

Rene Lacoste wearing a blazer with the crocodile logo


Leadership in Business: The Expansion of the Lacoste Brand

In 1933, Rene partnered with Andre Gillier, the owner of the largest French knitwear manufacturing firm, to produce the first Lacoste shirts. The brand quickly gained popularity, becoming a staple in sportswear. But Rene’s leadership didn’t stop at creating a successful product; he was a visionary who saw the potential for global expansion.


By 1950, Lacoste had entered the U.S. market through a partnership with IZOD, creating the sub-brand IZOD Lacoste. The brand’s popularity skyrocketed, and by the 1970s, it had become a household name in the United States. Rene’s leadership and innovative spirit were key to Lacoste’s success, proving that great leaders are not just about winning on the court but also about making smart business decisions.


Overcoming Challenges: Leadership Through Innovation

Rene Lacoste’s leadership was tested when the brand faced challenges in the 1980s. Competitors like Le Tigre emerged, and the IZOD Lacoste partnership faced financial difficulties. However, Rene’s legacy of leadership and innovation guided the brand through these tough times.


Lacoste’s ability to adapt and innovate was evident in the 1960s when Rene designed a steel racket, revolutionizing tennis equipment. His son, Bernard Lacoste, took over the company in the 1960s and continued this tradition of leadership and innovation, expanding the brand into new markets and product categories.



The Legacy of Rene Lacoste: Leadership That Endures

Rene Lacoste passed away on October 12, 1996, but his leadership legacy lives on. Under the guidance of his son and later his brother, Michel Lacoste, the brand continued to grow. Today, Lacoste is more than just a sportswear brand; it’s a symbol of leadership, innovation, and resilience.


In the 2000s, the brand underwent a transformation, expanding into luxury fashion under new creative direction. Lacoste also embraced digital innovation by launching an e-commerce platform and leveraging celebrity endorsements to stay relevant in the modern market.

Novak Djokovic

Novak Djokovic, aka "The New Crocodile," wearing Lacoste


Leadership Takeaways: What We Can Learn from Rene Lacoste

Rene Lacoste’s story is a powerful example of how leadership can transform an idea into a lasting legacy. Here are a few key takeaways:


  1. Persistence Pays Off: Rene’s determination to succeed, despite early setbacks, is a testament to the power of perseverance in leadership.

  2. Innovation is Key: Whether it was designing a new type of tennis shirt or revolutionizing tennis equipment, Rene’s ability to innovate set him apart as a leader.

  3. Adaptability is Crucial: The Lacoste brand faced numerous challenges, but through leadership and adaptability, it continued to thrive.

  4. Visionary Leadership: Rene saw beyond just winning tennis matches; he envisioned a global brand that would stand the test of time.


Conclusion: The Leadership Legacy of Rene Lacoste

Rene Lacoste’s journey from a passionate tennis player to a business mogul is a story of leadership, innovation, and resilience. His ability to turn a simple idea into a global brand is a powerful reminder that true leadership is about more than just achieving personal success; it’s about creating something that endures.


Today, the Lacoste brand stands as a testament to Rene’s leadership and vision. It’s a legacy that continues to inspire leaders in both sports and business, proving that with the right mindset, anything is possible.

Rene Lacoste

Rene Lacoste posing next to a crocodile


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