Skip Nav
Oscars
The Oscars Red Carpet Is a Stylish End to Fashion Month
Kate Mara
Kate Mara Is Basically a Modern-Day Audrey Hepburn
Oscars
Kate Bosworth's Oscars Dress Transformed Her Into a Modern-Day Cinderella

Bill Blass Couture Bankrupt

>> Last week it seemed like NexCen had finally gotten Bill Blass sent off in a neat, tidy package all tied up with a bow; new owner Peacock International Holdings even vowed to revive the couture line within the year, new designer and all.  

Only problem is, things weren't quite as perfect as they seemed: Bill Blass Couture wasn't part of Peacock's purchase, so we may not be seeing it again anytime soon.  Instead, Bill Blass Ltd., which manufactures the couture line, filed for bankruptcy liquidation on Dec. 31, with assets listed at $192,000, and debts of $829,000 — they're to the point of selling the office furniture from the showroom.  

What's most confusing about all this is why Peacock appeared to think they were getting the couture line as part of their purchase agreement last week when they talked to The Wall Street Journal . . . did something fall through?
*image: source

Around The Web
Join The Conversation
Elizabeth Banks Hunger Games Red Carpet Style
Spring 2011 New York Fashion Week: Bill Blass
2009 Fashion House Changes
Bill Blass Has a New Designer: Jeffrey Monteiro
Post
Post
Richard Chai Rumored to Be Next Creative Director at Bill Blass

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Fashion
All the Latest From Ryan Reynolds