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Ilad Ifrach
Foreign.
Laura Kramer
Hello and welcome to the Entrepreneurs on Monocle Radio. The show all about inspiring people, innovative companies, and fresh ideas in global business. On today's program, we'll catch up with a founder of a decor company to find out why he moved from designing interiors to creating the objects that bring them to life.
Ilad Ifrach
You can have the best recipes for the most incredible meal, and if the ingredients are not good, it doesn't matter how great the recipe and how much love you poured into it, it's not going to have the same result.
Laura Kramer
And later, we'll get into the spirit of Halloween as we meet the founder of possibly the only company in Japan, or maybe even the world that specializes in conducting ghost investigations of real estate properties.
Kazutoshi Kodama
The problem with stigmatized properties mainly comes from a psychological sense of discomfort.
Laura Kramer
This is the Entrepreneurs with me. Laura Kramer, you're listening to the Entrepreneurs. Ilad Ifrach is the founder and creative director of Lobjer, a design house known for its handcrafted pieces ranging from dinnerware to decor, apothecary, and now fragrance. Trained as an interior Designer, Elad started L' OBJ some 20 years ago in Los Angeles and has since built a brand celebrated for its craftsmanship, smart collaborations, and a design language rooted in travel and global storytelling. Monocle's luxury markets editor Brenda Tuohy caught up with Elad to discuss his measured approach to expansion. She began by asking Elad what first inspired him to move from designing spaces to designing the things within them.
Ilad Ifrach
When I was working on the spaces, I always find that the accessories and the objects are what brings the soul to the space. I kept looking for things that I couldn't find. Later on, I discovered that there were ideas in my head that I was trying to find and couldn't. And then I translated it into, okay, these are ideas and I can make them. And it started honestly as a very naive. I wouldn't call it a hobby, but experiment. I fell in love with the process, and then it became l'. Objet.
Brenda Tuohy
Your collections often blur the line between art and function. A salt cellar can feel like a sculpture, a candle like a piece of theater. How do you strike that balance between beauty and usability?
Ilad Ifrach
It's a very good question, because functionality is always at the core of what we do. I like to dream like an artist, but create like a designer and then find a way to blend the two. But I always start with the functionality, and then I build a dream around the functionality because to me, it's not a successful object if one of the elements is missing. And because I'm conscious of how much there is in the world. I try to create things that maybe contribute something that is different and bring a different sensibility and a different experience with my design language. So it's a nice journey to take.
Brenda Tuohy
Craftsmanship sits at the heart of everything that you do. Can you tell me about the artisans you collaborate with, where they're based, and how these partnerships began?
Ilad Ifrach
It started actually with ceramics. The very, very first artisans that I've interacted with were ceramic artisans in Portugal. I had a lot of ideas 20 years ago. It's 20 years that the brand has been going on. And in the beginning, I had all these ideas. I was living in LA at the time. We didn't have a lot of craftsmanship, at least that I could access in la. A friend was mentioning Portugal, and I went on a kind of a discovery tour. I didn't really know what I was going to see, and I fell in love with several of the artisans that I've met. And then I started to just draw and look at their technique in their hand, and we just played. It was a lot of playful conversation that was also a hand play. Like, we really played with our hands on the material, and then it kind of developed from there. Over the years, I nurtured a very beautiful relationship with a network of artisans that helped me build a brand design language and my own design language. And like, you know, learning, seeing different techniques that inspired me, or showing them something that was crazy and it inspired them to try. These are people that live in villages.
Brenda Tuohy
But mainly in Portugal.
Ilad Ifrach
All of our porcelain, wood and ceramic is made in Portugal. And then, of course, all the ancillaries that goes with it. And then I also expand it to other countries. I like to say that I go where the craftsmanship is best and where I can find people that can push the boundaries of that specific materials, that material that I want to work with. So in India, I work a lot with metal and textiles because they're masters of that. And it's very much hand driven. Where in other places it might be a little more mold and machine driven. And then like in Peru, I like to do a lot of weaving in the high mountains in Peru with the alpaca wall stone inlays. Sometimes in the Philippines and sometimes in India. Depends on the sensibility that I want to create. Our fragrances are made in France, so it's global. It's nomadic. Yes, very nomadic.
Brenda Tuohy
There's a real sense of travel and curiosity in your work. Mediterranean hues, Levantine motifs, Japanese restraint. How do your own journeys and cultural roots feed into this creative process?
Ilad Ifrach
It's the main feeder. It's the main feeder because I travel so much and I get cues from things that I see, from things that I touch, from different cultures and the way that they interpret, use or functionality of something, the ceremonial around some objects that for us, seems like so basic and we don't pay much attention to. It's just part of our functioning life where in other places, there's so much ceremony around it. And that's very inspiring to me because I find that the attention to details and the details that we take pleasure in, some of the things that we do make a huge difference to the experience. So it's always interesting. Like, for example, I was in Korea and I found these, like, little boxes that are used for when a guest comes to the house. And you open the box and there are small plates, and then underneath, in the cavity of the box, usually you offer the guests something precious, usually in a form of a food. So it can be truffle or a very exquisite chocolate, or it could even be a beautiful spice. It's an ancient thing. And I was like, this is so beautiful because it's treasured. That really captured me. And then I took that and I designed a few objects around it. And I love telling that story because it's not just another box. It's not just another plate. I love when things are storied and.
Brenda Tuohy
Often when we travel, as you've just shown me evidence of. I mean, there are certain traditions that are elevated in a way that we might not elevate them wherever we grew up.
Ilad Ifrach
Yes.
Brenda Tuohy
And you've done that in your work. The name Lobjer is wonderfully direct, simple. I mean, where did you come up with that statement? I mean, it's perfect.
Ilad Ifrach
Thank you. It was a name that was born out of frustration, because when I formed the brand, I was looking for names. And I was working with a friend of mine, a lawyer that was helping me register the name and trademark it. And every idea that I had was taken in one form or another. I remember, actually I took a break after a few months. I was working on developing the product, etc. I knew what I wanted the logo to look like. I kind of had a vague idea, but I didn't have the name just yet. And I was so frustrated. And I took a little break from it. And I had, in my apartment in LA at the time, a book of art terms. I just pulled it out, and I was just reading and just kind of futzing with it, no real intention. And I came across a sentence that had l' objet in it. And then underneath, the author explained that in French, l' objet can be, of course, the object, but it's the way that you use it in a sentence makes a big difference because it can be referring to an object that is of a very elevated status, whether it's from craftsmanship or from its importance or the function. And then I really liked it, and I was like, okay, what are the chances that anything like this would ever be available? Because it's like you said, it's very simple and direct. And I send the name to the lawyer, and he started looking it up. And then one day at 1am, I get a call from him on my mobile, on my BlackBerry, and he says, it's available. Do you want it? And I said, yes, let's do it. And actually, interestingly, I was thinking, like, is that a bad name? Because it was available, I was like, is that a bad name? Like, how is it that nobody was thinking about it? And then I started putting it with the Amphora, which is our logo. And like, no, it's like, this is one of the most ancient objects, most primal, original objects, especially in the Mediterranean. And that's what I want to express.
Brenda Tuohy
You've said before that a home should engage all of the senses. That now includes scent. Your newest fragrance line feels like an extension of your visual world. What inspired it, and how do you go about creating a fragrance?
Ilad Ifrach
The world of fragrance has always been a big mystery to me. Since I was a child, I used to go to my dad's aftershave and just, like, pretend, you know, and, you know, like, my mom used to wear Pasha of Cartier and Elixir from Estee Lauder. I just. I have very distinct memory of fragrance. And I think when I was a teenager, I started buying fragrances myself, and I realized that there is a big connection with how it makes you feel and how you present yourself. And so I've always been fascinated by the mystery of fragrance. Then when I started l', Auberg, maybe two years after I started, I came out with our first candle range. And that was the first time that I allowed myself some, you know, digging into it. And then, of course, also some beautiful interactions with essential oils. And I've taken that journey quite slowly. And organic started with the candles. And then 10 years ago, exactly 10 years ago, I was connected to Givaudan, to the luxury division at Givaudan, and they've accepted us as a Brand to work with the division. And then they've introduced me to several masternoses as almost like a speed dating kind of experiment. And then you see who you click with. And I met about three or four of them. And there was one that, like, from the first three minutes, I knew I want to work with. And his name is Jan Vanier, who is kind of like the house knows we've been expanding since with few more. But I found a great connection with him on the point of reference for fragrance from my travels, from like, small nuances of an experience in a place, or even like, from a garden to a flower market to a farmer's market to a beautiful old library. And then, of course, specific places around the world, which. That was our biggest connection because he travels extensively and so do I. And I would mention like an area in Marrakech, and he was like, I know exactly what you're talking about and do you know this and that? And it was just so explosive that way. And I was able to create a lot of storied mood boards with images, but also a lot of expressive with the language. And I was very careful with not overly influencing with the actual notes because I didn't want to build a base for any of the fragrances. I wanted to. To give a true expression of how I felt when I was in a place or what I want to capture, and then let him see how it. What it awakens in him and then create a conversation. And then later, you know, like, if I had, let's say, a rose in my head or a mint or a specific type of wood and he didn't bring it to the table, I would say, okay, can we add that? But I would let him stand, start the base of the formula. And that created a very beautiful dialogue over the past 10 years. And then the journey to arrive at our personal fragrance, the perfume. It was not something that I set from the beginning. In the beginning, I was very much into the home fragrance. So the room sprays and the candles and the incense and diffusers. But I wanted to take a step further in the intimacy with the client. And I introduced Apothecary, where now you have invited me to your home with our home fragrance. And the next step of intimacy I felt was bath and body. But it's still kind of cocooning. It's in your space, it's very private. And about four years ago, it started really itching me that I need to express this language also into eau de parfum. And I felt that I was ready to Take that next level of intimacy with the dialogue that I have with our consumers and the consumers that I still want to meet to create something that you maybe start with it in your home, but then you take it outside and it becomes part of your signature and it becomes something that you choose to present who you are in that what I call invisible object of desire, because there's no way to express it, but it gives you a feeling. You smell someone. It's like you smell so good and usually you would say it to somebody that is interesting. You're not going to just go to anybody and say, you smell really good. There's something else that triggers you. And I want to believe that it's the personality and the fragrance that did it that made you give a compliment.
Brenda Tuohy
Well, I suppose that a fragrance smells different with each different personality.
Ilad Ifrach
Yes. And a good fragrance should, if ours with high content of naturals and very high grade raw ingredients should interact differently with our different chemistries and temperatures and skins.
Brenda Tuohy
And it's also, I suppose, your first product that you've created for outside of the home as well as inside. Now, collaboration seems key to the brand. From the playfulness of the Haas brothers to Kelly Behoon. How do you choose creative partners and what makes a collaboration sing rather than feel forced?
Ilad Ifrach
It's a very intimate process, and it's a very intimate journey.
Brenda Tuohy
And.
Ilad Ifrach
And it's usually not just. Usually all of them happened organically, whether through a first interaction and then a conversation that leads to it, or a friend that knows you really well and say, I think you should meet this artist or this designer or this person. Because we've done some really successful collabs. You can only imagine the amount of emails and phone calls and DMs that I get on. We want to collab. And to me, it's, you know, to invite somebody into the creative process is super intimate. It's really like sex to me. And I don't do it lightly, and I don't want to because I feel there's a very beautiful thread that was created over the past 20 years. It started with Fortuny from Venice, and then Lito and the Haas brothers and Kelly and Rohan Hoffman. And then we have a very beautiful, beautiful collaboration that we're launching next year. And I have a very deep relationship with all of them. And it's the way that I want to create. So I don't plan them. I mean, I might have some ideas of people that I like, you know, in my dream I want to collaborate with, but the ones that we have. It's all a meeting by chance and a real spark.
Brenda Tuohy
That kind of, I think it's obvious in what you do. Lobshe pieces have a certain weight to them, literally and metaphorically. How important is materiality to you?
Ilad Ifrach
The integrity of the material, where is it sourced, how is it sourced? How is it being worked on? It's everything. It's like you can have the best recipe for the most incredible meal, and if the ingredients are not good, it doesn't matter how great the recipe and how much love you poured into it, it's not going to have the same results. So it's everything in what we do. It's everything from the type of porcelain to the type of leather or metal. You know, it's all extremely important.
Brenda Tuohy
You've built a global following, yet the collections feel deeply personal. How do you keep that intimacy as the brand grows?
Ilad Ifrach
Two ways. One is, you know, the design team is myself and two others. So everything that you see here with like, so prolific in the amount of collections and categories, etcetera, Is all done with three people. And I like it that way. It's been like this since the beginning and I feel that that's what holds the special.
Brenda Tuohy
And it's the same three people, not.
Ilad Ifrach
The same three people, because life and I've moved. I used to be in la, then I moved to New York. But I still have some people that I bring in once in a while for a project that have been with me for 18 years, 19 years. So it's the people that have helped me hone in on the design language and the details and what makes an object or a piece lookjust that's one. And the second is I always say we are a big, small brand and I love that feel. If you go to any of our stores, none of the stores feel the same. I like to imagine the architecture differently in every city, in every building. You know, we are global. Our customer base is global. They travel, they see the world, they go to all the places where we are. And I want them to have a different interaction in every place that they go to. They might see a lot of the same things, but they will discover them in a different. With a different set of eye and a different experience.
Brenda Tuohy
I mean, that's why we all travel, because we like to go to different places, because they're different than where we live.
Ilad Ifrach
It expands your mind in a different way.
Brenda Tuohy
What's a typical day like for you? Are you hands on in the studio sketching, or more often traveling and curating experience? Experiences.
Ilad Ifrach
It's all of the above. I always start with either yoga or a workout or Pilates or meditation. I always like to start the day with that first grounding. And then my team and I like to start the day quiet and each in his own corner to kind of build the energy and do our thing. And then one of us will kind of start the dialogue. And we need to look at this. What do you think about that? And I would say within a few hours, it gets into full swing. Some days are more about creating the ideas, and some days are about what we call design engineering. Okay, how is this idea going to come to life? How are we going to explain it to the artisans, how we're going to manipulate the material, Everything that needs to happen. So all of this design engineering part, and then there are days of the critics where you critique the samples and your own design. And then like, the idea that might have looked incredible on paper or even on a 3D model that we've made somehow doesn't sing yet. And you work on it to get to that level. And then also imagining that new part together with the rest of the collection, how is it blending with everything else? How are we going to tell the story of this object? And it's a never stop.
Brenda Tuohy
Not every day is the same.
Ilad Ifrach
No, not every day is the same. And I travel a lot.
Brenda Tuohy
Finally, you hinted at a new range that you might be bringing out next year, which I am very excited about. Apart from that, what is next? What are you dreaming of? Maybe it's not to do with Lobjer. Maybe it's to do with something else.
Ilad Ifrach
I dream to travel more because even though I've been around the world and over many times, I feel that I haven't even scratched the surface. So I feel like that fountain of ideas and creativity and exploration is ever flowing. And I want to drink more from that fountain. And at the same time, I also dream to have. I'm a Libra and I'm constantly in search of balance. So I think as much as I work hard at getting there, I think I will never probably be fully satisfied. But I dream of more balance of time to do nothing because I feel like my best idea comes from those moment.
Laura Kramer
That was Ilad Ifrach, the founder and creative director of Lobjer. You can find out more by heading to l objet.com you're listening to the entrepreneurs. As many of us celebrate Halloween this week, we thought it would be only fitting for the serious business show that we are, of course, to mark the spooky season by turning our attention to ghosts and to a company that deals with them all year round. In Japan, Kachimoto has built a reputation for investigating whether homes and buildings are haunted. So called stigmatized properties, those linked to deaths or misfortune, can be hard to sell, and Kachimoto says it has a practical fix. Monocle's Ryuma Takahashi spoke with the company's founder, Kazutoshi Kodama.
Ryuma Takahashi
In Japan's real estate market, one of the biggest anxiety people face when looking for a new home is what's known as the jikobu, a stigmatized property. It refers to places where someone has died or where something mysterious or unsettling is said to have happened. Among those trying to tackle this problem is a company called Kajimodo, which investigates these haunted homes. To investigate whether anything unusual is actually happening inside, I spoke with its founder, Kazuto Shikodama.
Kazutoshi Kodama
The problem with stigmatized properties mainly comes from a psychological sense of discomfort. It reflects something deeply rooted in Japanese culture, the idea that death is impure or unlucky. When there are so many other homes available, people naturally avoid these ones. Landlords usually end up lowering the rent to attract tenants, but that's not ideal for them. And once the rent has dropped, there's no real way to bring it back up. That's why I thought about investigating these places, to prove scientifically that nothing strange is going on in these properties.
Ryuma Takahashi
This company's ghost investigation ends with the certificate stating whether any paranormal activity was detected. This certification can be posted alongside the property listing, helping reassure potential tenants. Kodama says this business idea came from his 15 years career in real estate industry.
Kazutoshi Kodama
Originally, I just wanted to run an ordinary property management company. But over my 15 year career, I handled many apartments where people had passed away. I've managed more than 7,000 units, and in about 30 of them, I something genuinely strange happened. Even if you clean a room until it's spotless, you can't remove that sense of psychological unease. Under government guidelines, landlords are required to disclose such incidents to potential tenants for three years. But even after that period, their reputation tends to linger. Neighbors talk, people remember. And if a tenant asks whether a place is a stigmatized property, you're not allowed to lie. Once a property gains that label, it's very hard to shake it off. That's when I realize there might be a way to help owners by properly investigating these unexplained events.
Ryuma Takahashi
Kodama conducts all investigation himself. Using a scientific approach.
Kazutoshi Kodama
I learned this ghost investigation method From a group of researchers in the UK who study supposedly haunted castles. I spend the entire night from 10pm to 6am inside the property. I record video and audio and measure electromagnetic fields, humidity, air pressure and noise levels, as well as temperature using thermal imaging. If something appears on camera but doesn't register on the thermal scan, for example, I can start comparing the data and decide whether it's really something paranormal.
Ryuma Takahashi
A single ghost investigation costs 80,000 Japanese yen, around €500. Ordinary stigmatized properties see lands fall by 20 to 30% or remain vacant for a couple of months. But according to Kodama, properties certified as no abnormalities detected have limited their range losses to around 10%, a meaningful recovery in long term asset value. So what happens if a ghost actually does show up?
Kazutoshi Kodama
If I issue a certificate saying there's nothing abnormal and later the tenant genuinely experiences something strange, we offer a reward of 1 million yen for landlords. Our certification itself adds value and helps restore rent levels for tenants. If something happens, they could claim the rewards. Occasionally, we do find rooms where odd things keep happening. In that case, our company leases the property ourselves, because such places have their own kind of value. We then collaborate with physicists and other researchers to study the space in detail as the subject of research. If the property is enough safe, we sometimes open it to curious guests who want to spend time in a haunted room.
Ryuma Takahashi
Having investigated many properties and even appearing on media as a ghost storyteller, Kodama says this business has changed how he thinks about the ghosts themselves.
Kazutoshi Kodama
During our ghost investigation, I often contact the families of those who passed away. So even if a ghost were to appear, he wouldn't be a stranger to me. Before one father asked me to investigate the apartment where his daughter had taken her own life. He told me, if her spirit is still there, I would like to see her to scold her, maybe. When I told him, he looked a little disappointed, but said thank you. He would heard that the spirit of a person who had taken their own life remains in the place where they died. So each year on her death anniversary, he would visit the apartment to pray outside. After the investigation, he said, now that I know she's not there anymore, I'll pray for her at home instead. Thank you.
Ryuma Takahashi
The ghostbuster in the real estate industry is offers a triple win business solution, bringing peace of mind to landlords, tenants, and perhaps even to the goats themselves. For Monoko in Tokyo, I'm Ryuma Takahashi.
Laura Kramer
My thanks to Ryuma for that report. You can find out more by heading to Kajimoto Co JP that's it for this episode of the Entrepreneurs. The show was edited by David Stevens. Tom Edwards is back next week. Listen again and find out more about the show@monocle.com that's where you can also subscribe to the Monocle Magazine for more about better business every month. You can also follow us and catch up with the archive via your preferred podcast platform. To contact the Entrepreneurs, you can email me@lrkonical.com I'm Laura Kramer. Goodbye and thanks for listening to the Entrepreneurs.
Podcast: The Entrepreneurs
Host: Laura Kramer (Monocle)
Date: October 29, 2025
Featured Segments:
This episode charts two innovative business journeys. First, Elad Yifrach of L’Objet reflects on moving from interior design to product creation and the company’s recent expansion into fragrances, emphasizing craftsmanship, sensory engagement, and collaboration. The episode then pivots to spooky season, exploring Japan's unique market for investigating haunted or “stigmatized” real estate, with insights from Kazutoshi Kodama, founder of Kajimoto.
(00:11–22:09)
From Interior Design to Products
"I always find that the accessories and objects are what brings the soul to the space." — Elad Yifrach [01:51]
Art Meets Function
"I like to dream like an artist, but create like a designer... It’s not a successful object if one of the elements is missing." — Elad Yifrach [02:39]
Working with Artisans
“I go where the craftsmanship is best and where I can find people that can push the boundaries of that specific material.” — Elad Yifrach [04:49]
Travel & Cultural Motifs
"It’s the main feeder. I travel so much and get cues from things that I see, from things that I touch, from different cultures..." — Elad Yifrach [06:01]
Why Fragrance?
“I have very distinct memory of fragrance... there is a big connection with how it makes you feel and how you present yourself.” — Elad Yifrach [10:02]
Collaboration with Perfumer
“There was one (perfumer) that from the first three minutes, I knew I want to work with... our biggest connection because he travels extensively and so do I.” — Elad Yifrach [12:00]
Signature of Fragrance
"...a good fragrance should... interact differently with our different chemistries and temperatures and skins." — Elad Yifrach [14:57]
“To invite somebody into the creative process is super intimate. It’s really like sex to me. And I don’t do it lightly...” — Elad Yifrach [15:39]
"If the ingredients are not good, it doesn't matter how great the recipe and how much love you poured into it..." — Elad Yifrach [17:10]
“I always start with either yoga or a workout or Pilates or meditation... then my team and I like to start the day quiet and each in his own corner to kind of build the energy... Some days are more about creating the ideas, and some days are about what we call design engineering.” — Elad Yifrach [19:33]
“I dream to travel more... I feel like that fountain of ideas and creativity... is ever flowing. And... I also dream to have... more balance of time to do nothing because I feel like my best idea comes from those moments.” — Elad Yifrach [21:22]
(23:05–28:52)
"The problem with stigmatized properties mainly comes from a psychological sense of discomfort." — Kazutoshi Kodama [23:39]
Ghost Investigations
"I spend the entire night from 10pm to 6am inside the property. I record video and audio, measure electromagnetic fields, humidity, air pressure and noise levels, as well as temperature using thermal imaging." — Kazutoshi Kodama [25:50]
Business Impact
"So even if a ghost were to appear, he wouldn't be a stranger to me... [Following an investigation] he said, 'now that I know she's not there anymore, I'll pray for her at home instead. Thank you.'" — Kazutoshi Kodama [28:04]
“The ghostbuster in the real estate industry offers a triple win business solution, bringing peace of mind to landlords, tenants, and perhaps even to the ghosts themselves.” — Ryuma Takahashi [28:52]
Beauty & Function:
"I like to dream like an artist, but create like a designer." — Elad Yifrach [02:39]
Global Inspiration:
“I go where the craftsmanship is best…” — Elad Yifrach [04:49]
Intimacy of Collaboration:
"To invite somebody into the creative process is super intimate. It’s really like sex to me." — Elad Yifrach [15:39]
Material Integrity:
"If the ingredients are not good, it doesn't matter how great the recipe and how much love you poured into it..." — Elad Yifrach [17:10]
Sensory Depth:
“I dream to travel more... I feel like that fountain of ideas and creativity... is ever flowing.” — Elad Yifrach [21:22]
Business & Afterlife:
"During our ghost investigation, I often contact the families of those who passed away... now that I know she's not there anymore, I'll pray for her at home instead.” — Kazutoshi Kodama [28:04]
Conversations are thoughtful, reflective, and deeply engaged with not just business logistics, but the tactility, culture, and emotion behind each topic. Both Elad Yifrach and Kazutoshi Kodama present their work as a personal journey—blending artistry, practicality, and sensitivity.
This episode offers a rare look at how modern entrepreneurs fuse craft, story, and even the supernatural, approaching business not as transactions but as meaningful, transformative interactions—whether through the senses at home or the spectral presences lingering in real estate.