Tuesday, 14 July 2009

auf wiedersehen, escada

"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 sรคlzer.  the brand was founded in 1978 by margaretha and wolfgang ley. 

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all runway photographs care of style.com