MILAN — Like the proverbial phoenix, Ballantyne is rising from its ashes.
After owner Charme Investments Ltd. set in motion a number of radical measures, including a voluntary liquidation of the original Ballantyne company it had acquired in 2004, the storied cashmere brand is starting with a clean slate. According to a source close to Ballantyne, unhappy with management and a dismal financial performance, Charme in the fall protected the brand, legally called Ballantyne Cashmere SpA, by moving its assets into a new company, naming it Alpha Srl.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"