Thursday, August 13, 2009

ESCADA... R.I.P?












In the past year alone, a number of major fashion houses have taken a turn for the worst. It seems that when times get tough, fashion gets tougher. It has become an art form alone to survive amongst the unpredictable changes constantly taking place in our economy. True to form, another leading house filed for Insolvency today. Escada was unable to revive themselves after over 70% of their shares fell in the past 3 days. Though this is not considered complete bankruptcy, the future is not looking bright. In preparation for what may be to come, I found it comforting to take a look back at some of the classic pieces in ESCADA history...

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