Betsey Johnson Files For Bankruptcy

Friday, April 27, 2012 Betsey Johnson LLC Files For Bankruptcy Betsey Johnson LLC is filing for Chapter 11 bankruptcy, reports Women's Wear Daily. Betsey Johnson LLC is the designer's licensing company, which oversees the freestanding Betsey Johnson boutiques, womenswear and e-commerce. The company has been in trouble for a while, with Steve Madden buying Betsey Johnson LLC's outstanding debt in 2010 and taking control over the label, including the licensing agreements. So will she still do those cartwheel-filled runway shows? PHOTOS: Is Kristen Stewart The "Best Dressed Of 2012"? PHOTOS: Rachel Roy's Celeb-Filled L.A. Vacay! WATCH: 'There's A Horrible Epidemic Of Man Boobs' PHOTO: Zac Efron Disappoints Us PHOTOS: Whose Fashion-Forward Hips? BLOG POSTS Mariska Hargitay: There Is No Excuse We hope you will join people across the country tomorrow who will be wearing jeans as a show of their confidence in the power of an enlightened, courageous community that stands together and declares: "There is no excuse for and never an invitation to rape." Mary Kincaid: Weekly Roundup of eBay Vintage Clothing Finds (PHOTOS) No time to page through thousands of eBay listings? Then just sneak a peek at my weekly eBay roundup of top vintage clothing finds. Emma Gray: Sauza Tequila Commercial Uses Hot Fireman and a Kitten to Woo Women Sauza's tongue-in-cheek tequila commercial is over-the-top in terms of its campy attempt to appeal to women ... and it mostly works. Tyler Way: [Fashion Has Heart]: Helping American Heroes Many Americans question the wars our country has been heavily involved in during the past decade. So how can an organization encourage average Americans to put aside personal views on the wars and still be supportive of those who have sacrificed in war? Beverly Macy: How Social Media Is Giving the Fashion Industry an Extreme Makeover A cool fashion mash-up is trending that brings music, entertainment, technology, lifestyle and social media together, and it is happening the loudest in Los Angeles.

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