Wednesday, July 15, 2009

WHEN THINGS GET BAD....IT GETS REALLY BAD!!!

I'm not one to dish out bad news but I can't help to inform my peeps of this terrible update on Escada... Apparently, the brand is facing bankruptcy & they have taken all measures at this point to somewhat salvage the line...

Chairman, Bruno Saelzer states that he hoped it wouldn't come to this but the company only has enough liquidity until August...

Sad Break... We hope for the best for ESCADA... Celebs like Katie Holmes currently fronts the label's autumn/winter 2009-10 campaign.... If they fold, it will be a sad in fashion... Or will it?

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