Skip Nav
Oscars
The Oscars Red Carpet Is a Stylish End to Fashion Month
Oscars
Kate Bosworth's Oscars Dress Transformed Her Into a Modern-Day Cinderella
Oscars
Emma Stone's Oscars Dress Connects Her to Audrey Hepburn in the Coolest Way

Narciso Rodriguez Goes It Solo

>> After speculation that Narciso Rodriguez and his backers Liz Claiborne were parting ways was floated around last month, they confirmed their separation in a joint statement yesterday.

For the first time, Narciso, who launched his collection in 1997 thanks to a partnership with Aeffe SpA, will be financially independent, as Liz Claiborne has allowed him to buy back their stake — for a rumored $12 million — and regain all trademarks.  This solo situation, assuming that his finances are all in order (before Claiborne invested, he was struggling to make ends meet; Donna Karan was sending rolls of fabric over), sounds ideal for Narciso — who has a notoriously difficult reputation.

The termination of his partnership with Claiborne is widely believed to be amicable, though, and Narciso is looking forward to his "independent time": "Our business is on target and we have full confidence in the future of the company.  We are also enjoying tremendous success with our fragrances and are now exploring various licensing opportunities."  Maybe his well-received Fall 2008 collection made the world of difference he needed, money-wise?
*image: source

Around The Web
Join The Conversation
Betsey Johnson Fall 2013 Fashion Week Show Is Not Cancelled
Marc Jacobs 92nd Street Y Conversation
Chris Benz to Skip Fall 2013 New York Fashion Week Show
Vittorio Missoni's Son Says His Father Will Come Back
How Fashion People Fight Cold and Flu Season
Alexander Wang Carine Roitfeld Balenciaga Stylist Rumor
Kate Lanphear Named Style Director at T Magazine

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