Fashion has another major casualty: Zac Posen.
The designer is shuttering the business that he founded in 2001.Employees were informed this afternoon.
The company is ceasing operations as of today, and the spring collection Posen showed in September will not be shipped. “The board made a difficult decision,” Posen told WWD. See WWD.com as the story develops.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ford shutters oldest Brazil plant as revival bid faces doubtsFord Motor Co on Wednesday said it was shutting down its oldest plant in Brazil ...
Read more »
Studios Shutter Pirate Site That Got More Traffic Than HuluA coalition of major studios has obtained a settlement that shuts down Openload, a file-sharing site that got more traffic than Hulu or HBO Go. Operating through the website openload.co, the site c…
Read more »
Building A Wellness Community Where All Are WelcomeWhile many businesses like to claim they’re all about community, Elisa Shankle and Darian Hall have made community the center of their wellness business in Brooklyn.
Read more »
WeWork's toxic phone booths were created in-house by its 'Powered by We' business - Business InsiderWeWork used a Chinese manufacturer to build these booths and didn't have access to supply chain, materials records, sources say.
Read more »
Ozy Media raised $35 million in funding to grow TV, events businesses - Business InsiderCofounder and CEO Carlos Watson said he planned to use the funding to capitalize on the rise in streaming TV and associated demand for content.
Read more »