Wednesday, December 17, 2008

Bill Blass to Close


Verushka, wearing Bill Blass, photographed by Richard Avedon, January 1967

By Eric Wilson

Nearly a decade after Bill Blass retired from Seventh Avenue, the company that bears his name is closing, with many of its remaining staff expected to leave this week. According to current and former designers who have carried on the collection in recent years, the company will close its showroom at 550 Seventh Avenue and eliminate about 30 remaining jobs there as early as Friday.

Craig Hoffman, the president of Bill Blass, declined to comment on Wednesday.

Michael Vollbracht, who designed the line from 2003 to 2007, said that several of his former colleagues had informed him of the company’s plans to close, given the economic climate. The label was put up for sale earlier this year by its parent company, NexCen Brands Inc., which announced in May that it was facing a severe cash squeeze. Bill Blass has since canceled its spring collection, and its latest designer, Peter Som, left the company in October and has not been replaced.

According to executives and designers still at the company, NexCen is still trying to sell the Bill Blass name with the hope that another company will later revive the runway collection.

This week, the company has been selling samples from Mr. Blass’s collections, along with boxes of Manolo Blahnik shoes that were used in runway shows, at discounts of 90 percent, but the broader archives appear to be headed to Indiana University in Bloomington, where a retrospective of Mr. Blass’s work was held shortly after he died in 2002.

“The demise of Bill Blass is not just saddening,” Mr. Vollbracht said.
“It’s another rude awakening to this industry, I think.”

No comments:

Post a Comment