Zac Posen announces the company’s bankruptcy after 20 years of activity
A favorite of American stars, one of the leading fashion designers, after almost twenty years announces the bankruptcy of the company. Zac Posen dressed the biggest Hollywood stars, while he closes its own House of Z Z.
Zac Posen grew up in fashion, in 2001, as a 21-year-old he started his own fashion activity. In 2002 he made his collection debut during the most important fashion event – Fashion Week in New York. In a short time he became recognized among American stars. His creations were worn by M.in. Sarah Jessica Parker, Michelle Gwyneth Paltrow, Naomi Campbell and Rihanna.
The news about the closing of the brand was announced by the designer himself in an interview with the WWD portal. On Friday, October 31, 2019, the unpleasant news spread the whole fashion world. However, this was not a shocking information, because Zaca Posta has been talked about for a long time. In an interview with WWD, the designer confessed that: “In search of solutions that will allow the brand to continue to function, my business partners and I have already tried everything.”
As a consequence, sixty employees of the company lost their jobs. The designer website has already disappeared. It was also reported that the spring-summer collection, which was presented in September, will not go on sale.
It is worth mentioning that Zac Posen did not only deal with fashion, he also published a cookbook “Cooking with Zac”. Perhaps we will hear about it and we will know him in a new setting. For now, Zac Posen goes down as a model that success can be achieved at a young age without much experience.