Fashion

Betsey Johnson Files For Bankruptcy

The New York designer focuses on cheap-chic market

Betsey Johnson Fall 2012

Photo by Anthea Simms

Betsey Johnson LLC, the branch of the brand that manages a majority of licenced products, has filed for for Chapter 11 bankruptcy ceasing production of the label’s apparel line and closing 63 freestanding stores and online shop. But not to fret, Johnson will continue with her successful collaboration with top American department store Macy’s, her accessories line and other licensed products.

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