Nicky Hilton Reveals Her Marriage Rules with Husband James Rothschild — and How Their Kids Play a Part (Exclusive)

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"We will not leave the children alone. So we try and divvy up our work trips," the fashion designer tells PEOPLE

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Nicky Hilton celebrating the launch of her Rebecca Vallance x Nicky Hilton Holiday Collection on Oct. 5, 2024' title='Mytheresa Celebrates the Launch of the Nicky Hilton for Rebecca Vallance Collection in Los Angeles on October 5, 2024'>

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Nicky Hilton celebrating the launch of her Rebecca Vallance x Nicky Hilton Holiday Collection on Oct. 5, 2024

Nicky Hilton is sharing the secrets to her successful marriage.

On Saturday, Oct. 5, the fashion designer, 41, spoke exclusively with PEOPLE about her longtime relationship with her husband James Rothschild, whom she married in 2015, at the MyTheresa launch party for her holiday collection with Rebecca Vallance in Los Angeles.

Nicky credits her parents, Kathy and Richard Hilton — "who've been married for over 30 years" – for being an "amazing template" for a successful relationship.

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Nicky Hilton celebrates the launch of her Rebecca Vallance x Nicky Hilton Holiday Collection on Oct. 5, 2024' title='Mytheresa Celebrates the Launch of the Nicky Hilton for Rebecca Vallance Collection in Los Angeles on October 5, 2024'>

Jojo Korsh/BFA.com/Shutterstock

Nicky Hilton celebrates the launch of her Rebecca Vallance x Nicky Hilton Holiday Collection on Oct. 5, 2024

"I feel like some of the advice my mom has always given me is [to] never stop having fun, never go to bed angry and just to stop and smell the roses and enjoy every moment," Nicky says.

When it comes to her and Rothschild's marriage rules, she adds, "My husband and I, with our work, we travel a lot, but we always try ... We will not leave the children alone. So we try and divvy up our work trips and make sure that we're always present."

The couple shares three children — daughters Lily-Grace Victoria, 8, and Theodora "Teddy" Marilyn, 6, and son Chasen, 2.

As for when Nicky and Rothschild, 39, have time for just the two of them, she says, "We always try and just make that special alone-time date night."

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Nicky Hilton and James Rothschild at the 2024 Vanity Fair Oscars After Party on March 10, 2024' title='Nicky Hilton Rothschild and James Rothschild attend 2024 Vanity Fair Oscar After Party Arrivals at Wallis Annenberg Center for the Performing Arts on March 10, 2024 in Beverly Hills, California'>

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Nicky Hilton and James Rothschild at the 2024 Vanity Fair Oscars After Party on March 10, 2024

Saturday's star-studded event saw the attendance of Nicky's parents, her sister Paris Hilton and her husband Carter Reum, Kris Jenner,Rachel Zoe, Jennifer Tilly, Kelly Osbourne and Dylan Mulvaney

Speaking about her collaboration with Vallance, Nicky tells PEOPLE, "I have been a huge fan of Rebecca's designs for many years. [I've] been wearing them. Me, my mom, my sister — we all love them. So to be able to collaborate with one of my favorite designers is really a dream come true. We have such a similar aesthetic, DNA, and I think you will see that in all the pieces."

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To pull together the limited-edition collection which, according to the website, "features impeccably cut statement dresses that capture the iconic Rebecca Vallance brand codes, reimagined through Hilton's lens," Nicky and Vallance were in "constant contact" via Zoom and in person.

Related: Paris Hilton Shares Glimpse of Sister Nicky's 41st Birthday Decorations as They Have Spa Day with Her Son Phoenix

"She would fly to New York, we would meet in Europe, and we really, really worked very collaboratively on this collection," Nicky explains of their working relationship.

The collection is said to tap into "that special holiday feel through a timeless color palette," which Nicky says includes some unexpected hues.

"I think with the holiday collection, people usually think jewel tones, but I really wanted to think outside the box. I wanted to include some ice blues, which is my favorite color," she shares.

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