By  on February 24, 2011

NEW YORK — After 19 years, Cynthia O’Connor + Company, themultiline showroom, is shuttering its doors next month.

“Thisis not a business model that I am willing to reinvest in,” founderCynthia O’Connor told WWD. “Several of my largest vendors have exitedthe showroom due to buyouts by large corporations which forced me toreevaluate. Between these exits and some very large outstanding paymentsdue to my company, we have decided to close the doors.”

O’Connor, a former buyer at Stanley Korshak in Dallas, had founded theshowroom in 1992, and after a two-year hiatus during which she served asexecutive vice president of licensing and brand management at KateSpade, she reopened in a 6,000-square-foot space at 141 West 36th Streetin 2000.

O’Connor made a name for herself by helpingbusinesses become significant retail brands, including Kate Spade,Me&Ro, Lela Rose, Rebecca Minkoff, Botkier, Isabella Fiore andKooba.

At its height in 2006, the showroom’s volume hit $54million, according to O’Connor, and in 2007, she renovated her showroom,doubling its space to 12,000 square feet. Since 2006, O’Connor also hasoperated a 4,000-square-foot showroom in the Cooper Building in LosAngeles.

O’Connor, who currently has about 20 lines in herroster, is pulling the plug on her garment district showroom at the endof next month. “This journey has been very rewarding and I feelfortunate to have had the opportunity to build the brands that I haveover the years,” she said.

To access this article, click here to subscribe or to log in.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus