Searle Blatt & Co Ltd, which makes and sells women's ready-to-wear apparel, has filed for Chapter 11 bankruptcy in a New York court. It sought bankruptcy protection last week along with an affiliate, Tom Jones Inc, court documents show.
KP Fashion Co, which is owned by Kira Plastinina, the 16-year-old fashion designer and daughter of Russian businessman Sergei Plastinin, has filed for Chapter 7 bankruptcy in a U.S. court. The Los Angeles-based company listed $9.
Fashion designer Ted Lapidus, whose career soared in the 1960s and 1970s with the unisex and safari look, died Monday at age 79 in a hospital in Cannes on the French Rivera, his family said."He died at 2:30 pm.
British fashion retailer Mulberry Group Plc warned that its full-year results would be below current market expectations and lower than last year due to a slowdown in consumer demand as it posted a 6 percent rise in first-half pretax profit helped by better margins.
In couture, cut is vital, but Marie Dupuis has found it can also apply to price. Thanks to a little bargaining, a Jean-Paul Gaultier dress she had her eye on for New Year's eve was hers at a 40 percent discount.
Stella McCartney, one of the only luxury fashion houses that does not use animal furs and leather, has poached the business development director of Lanvin to lead the British fashion brand, part of the Gucci Group.
Target Corp is launching a new fashion program aimed at collaborating with established designers, and the discount retailer will kick off the initiative in March with an apparel line by Alexander McQueen.