The French designer was synonymous with striped sweaters and Left Bank insouciance.
The music star had launched the collection last February during New York Fashion Week.
Cuts may be coming to Condé Nast.
The company has closed on $1.8 million in a convertible debt raise, bringing the aggregate raise to $4.5 million.
The beauty company is planning to revamp its fragrance portfolio to end up with a higher concentration of luxury brands, said chairman Bart Becht.
The company’s scent and care division continues to benefit from its acquisition of Pinova earlier this year.
The company will roll out the new scent starting in the fall, with plans to be in 20,000 doors by the end of 2017.
The business expects solid sales from the launch of the Coach fragrance and Dunhill’s Icon Elite in the second quarter.
The company is on track to ring up $150 million in revenues over the next 12 months, a 280 percent jump from the same period a year ago.
There was an improvement on the operating profit level but sales were basically flat. Meanwhile, the company cut its full-year targets as a strong yen cut into its international performance.