Pass the Kleenex, pronto: the house of Christian Lacroix has been hit by the wrecking ball, with the legendary empire being completely stripped down to include only accessories and perfume.
After a steady downward spiral, the French fashion house has been assigned a turnaround plan by Paris’s commercial court and will be forced to close both [...]

Mango, Barcelona’s sexy answer to H&M, will soon have a new home in the US in the most unlikely of places: JC Penney.
JC Penney Co. has made an agreement with the European retailer to sell exclusive merchandise (under the brand name MNG by Mango) via mini-stores.
The partnership is part of JCP’s attempt to draw in [...]

Amid all the hullabaloo about the economy, it’s easy to criticize the fashion industry and say that the financial woes of companies like Gucci and Versace are just deserts for encouraging frivolity.  It’s easy to say simply that this is no longer a world for luxury, and too bad if luxury fashion doesn’t sell anymore.
Yet [...]

To the surprise/horror of the fashion world, celebrity Lindsay Lohan will continue into the next runway season as artistic advisor for French fashion house Ungaro.
Rumor is that Lohan was brought on merely to generate publicity during the recession-driven economic slowdown, and publicity is certainly what Ungaro is getting — although not necessarily positive.  Reports show [...]

For years, New York City has been lauded (by mostly New Yorkers, but still) as the fashion capital of the world, but now NYC designers are casting a westward eye toward the more casual City of Angels.
Henri Bendel, for example, has a couple new locations in Beverly Hills — and although NY designers are by [...]

The circle of life runs round again, and while on one hand we’re excited by all of fashion’s new kids on the block, we’re also sad to see the probable end of the fashion greats like the house of Christian Lacroix.
Lacroix is another designer who has had to declare insolvency in response to the ailing [...]

We recently reported on the unfortunate circumstances leading up to the disbandment of the Luella brand, but Luella lovers all over the world have been banding together to help a much-beloved company.
There is already a “Save Luella” group on Facebook (which we have already joined and pimped on Twitter!), but the best way to show [...]

After the “elimination” of the Vice President of Communications position formerly held by Karen Duffy whose responsibilities are now being divided by Zac Posen’s mother Susan and long-time Director of Public Relations and Celebrity, Alexandra Smith, major layoffs are expected to continue to shake the showrooms of Posen and now… Gucci! While it may have [...]

The dour financial climate is still kicking butt and taking names: quirky British label Luella is the latest to lose the economic battle, with founder Luella Bartley officially announcing the permanent shuttering of her eponymous label’s doors.
Lauded by by Queen Anna herself as “a poster child for London cool,” Bartley was forced to close up [...]