Tear. One of our favorite shoe designers of the year, Sergio Rossi, will be closing all of its US retail stores. The company insists that the flailing economy was not a factor in its decision but experts beg to differ. “Their business has been consolidating for a while, and that combined with the way [the economy is] now, it was like the nail in the coffin,” said retail expert, Faith Hope Consolo.
You can still purchase Rossi's slick offerings at its online boutique, high-end departments stores, and other online sites. International locations will also remain open. Let's hope Rossi can weather it through the storm!