Credit watchdog Moody's downgraded the debt backing J. Crew to “Caa2” from “B3.”
The free initiative — which supports the BFC’s Education Foundation — is aimed at showcasing the history and heritage of British fashion and will feature content from British designers and industry figures.
The style star will continue to offer items from her own closet for purchase.
Simone Rocha, Craig Green, Alexander McQueen were among the British winners.