Betsey Johnson Files for Bankruptcy
― Sad news in the fashion world as the creative and colorful Betsey Johnson will shutter her stores. ∙ Betsey Johnson LLC, the licensee that operates Betsey Johnson’s 63 freestanding stores, women’s apparel and e-commerce, has filed for Chapter 11 bankruptcy, WWWD is reporting. Most of the 63 stores will close within the next few week and 350 employees are expected to be let go. ∙ Betsey Johnson herself will stay on as creative director to design the brand’s lower priced Betsey [...].
