By  on March 28, 2011

NEW YORK — Payless ShoeSource is expanding its horizons with its newest designer collaboration.

The company is partnering with Silvia Tcherassi, the Colombian fashion designer, to create a line of handbags and footwear under the Silvia Tcherassi for Payless brand. As part of a two-year deal, Tcherassi will design two collections a year priced between $40 and $70 — her first will hit Payless stores in early May.

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