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Search results for "bankruptcy"

Escada facing bankruptcy

Times are troubled over at Escada . The German fashion label is reportedly facing bankruptcy and could soon cease trading. According to German newspaper, Welt Am Sonntag the company is "in a difficult situation" and... Read more »

Betsey Johnson files for bankruptcy!

There is troubling news this morning coming from the Betsey Johnson camp with reports that the company which owns Betsey Johnson boutiques has filed for bankruptcy . As a result a majority of the designer's stores will be... Read more »

Christian Lacroix files for bankruptcy protection

Yet another ripple effect from the downward economy is Christian Lacroix , which has asked for court protection from its creditors this week. The Parisian fashion house filed a petition with the Paris commercial court,... Read more »

CQ parties: Marie Claire's 20th birthday and Swarovski Rocks Giles

As banks across the city announce bankruptcy or closure nothing could stop the fashion pack from having a good time. Over in Marylebone Mischa Barton and Jessica Stam sipped Chambord and partied to tunes played by Sophie... Read more »

Escada saved by Megha Mittal

Escada has been saved after Megha Mittal bought the insolvent Germany company for an undisclosed sum. Mittal is the daughter-in-law of billionaire Lakshmi Mittal , chief executive of steel company ArcelorMittal. She... Read more »

Newsflash: Peter Som pulls out of New York Fashion Week

From our U.S. correspondents at ShinyStyle ... Deary me things don't appear to be improving for Peter Som . He has just announced the cancellation of his New York Fashion Week show next month, following a split from... Read more »

Just Cavalli scraps Milan Fashion Week show

Is Just Cavalli the latest fashion week casualty? Roberto Cavalli has reportedly cancelled the label's Milan Fashion Week show, which was scheduled for Thursday. According to WWD , the brand's licensee, Ittierre SpA ,... Read more »

Roberto Cavalli to face legal action by Ittierre SpA

Despite all the drama regarding his Just Cavalli line, Roberto Cavalli did showcase his latest collection to buyers and the press in Milan last week. This, however won't stop administrators at his licensing company,... Read more »

Psst... Is Lindsay Lohan eyeing up a job at Emanuel Ungaro?

This is a bit of a stretch isn't it? I am floored this morning by whispers that Lindsay Lohan is being considered for "creative consultant" at Emanuel Ungaro . According to Page Six , the fashion house is hoping to... Read more »

Ossie Clark shutters its doors for a second time

There is sad news today coming out of the Ossie Clark London camp. After relaunching just two years ago, the label is closing its doors for a second time. "Due to market conditions, developing the business has been... Read more »