Feed

Chapter 11

By Steve Huff 11:29pm

Chapter 11

Betsey Johnson

Betsey Johnson Filing Chapter 11

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.

All is not lost, however. Ms. Johnson still has the eponymous show in the works (as far as we know) and according to Forbes, this certainly isn’t the end of the brand name: Read More

By Zeke Turner 5/04/10 6:15pm

Chapter 11

Despite Bankruptcy, Dan’s Papers is ‘Here to Stay’

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