Designer License Holding Co. LLC, the Bill Blass licensee partially owned by apparel entrepreneur Arnold Simon, has filed for Chapter 11 bankruptcy court protection. The voluntary filing was on Dec. 31 in a Manhattan bankruptcy court. The petition listed total assets of $18.7 million and total liabilities of $15.5 million. The petition listed Israel Discount Bank as a secured lender holding a $6.7 million claim. Among its 20 largest unsecured creditors, Sterling Factor Corp., New York, is listed as holding a claim for $534,580. Equity holders of Designer License include: Jubilee Limited Partnership, holding a 27.8 percent stake; Simon, 24.5 percent; Timothy Fullum, 24.5 percent; The Leiber Group Inc., 16.6 percent, and Daniel Gladstone, 6.6 percent. In an affidavit filed by Simon, the managing member of the firm, he said Designer License is the licensee of men’s and women’s jeans and sportswear under the Bill Blass label pursuant to an agreement penned in 2007.The Bill Blass licensing business was sold by NexCen Brands Inc. in December 2008 to the Bill Blass Group, formerly known as Peacock International Holdings, in an all-cash deal valued at $10 million, substantially below the $54.6 million in cash and stock NexCen paid for the designer brand in December 2006. Simon’s company had bid as much as $26 million for the brand when a seller was being sought, banking sources said at the time. Other unsecured creditors include: Yiyang Kaida Textile Import & Export Co., Hunan China, owed $6.5 million; Shanghai Maritex Non-Ironi, Shanghai, China, $305,679; EZ Apparel, New York, $150,000; E-Lo Sportswear Inc., Harrison, N.J., $149,247; Young Boy Garments Industry, Ajman, United Arab Emirates, $114,719, and TKO-Evolution Apparel, North Miami, Fla., $20,000.
“I like everything she does,” said @lilkimthequeenbee about @parishilton at Hilton’s launch party for her collab with @boohoo. “She understands women and the certain body types. I think her clothes are so cute. It’s hot. She’s funny, but sexy at the same time, just like me.” #wwdeye (📸 @chelsealaurenla ) #parishilton #boohoo #lilkim
“It has to be authentic and real to me,” @charlotteslawrence tells WWD’s @leighen about writing her own music. “No matter what I’m singing, I have to still be able to feel it in that moment or in five years from now — I have to be able to connect to that moment: this is my story, this is a little piece of me.” Read more on wwd.com (📸: @jgreenery ) #wwdeye #charlottelawrence
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty