"the doors we open and close each day decide the lives we live."
- flora whittemore
eva longoria parker in escada
blake lively in celine
shortly after celine's announcement earlier this month of the closure of its only london door, comes the news that escada may soon have to dissolve. the german label has liquidity to last until august but not beyond. although restructuring plans have been presented to creditors, if these are not accepted escada will be forced to halt trading immediately as "98 out of the 99 possible measures" to revive the company have already been taken, said chairman bruno sälzer. the brand was founded in 1978 by margaretha and wolfgang ley.