Almost a week after we learned designer Betsey Johnson would be featured in a new reality show, Betsey And Lulu, comes the announcement that the spritely 69-year-old’s fashion line has filed for bankruptcy. As a result, over 300 Betsey Johnson employees will probably lose their jobs. To top that off, most of Betsey Johnson’s 63 stores will close.
Don’t stop the presses!
Even though Brown Publishing, the owner of that quirky and batty free weekly of the Hamptons, Dan’s Papers, recently filed for Chapter 11 bankruptcy, the paper isn’t going anywhere.
“Brown’s bankruptcy is not about shutting down and selling off the pieces. In fact, everything will be proceeding as normal,” wrote Dan Rattiner, Read More