NEW YORK — Designer Gustavo Arango is making a New York comeback.

The designer’s Sept. 15 fashion week runway show will mark the relaunch of the Gustavo Arango collection. However, the new designs are significantly different from the bridge-priced suits he stopped wholesaling two years ago.

When his apartment was ruined in the Sept. 11 terrorist attacks on the World Trade Center, Arango took it as an opportunity to take a break and return to Puerto Rico, where he grew up. Now, after a two-year hiatus from the New York fashion scene, Arango is offering eveningwear priced between $400 and $4,000 wholesale for a top and a gown, respectively. Overall, the line is expected to generate first-year sales volume of about $1 million.

Arango will continue designing the Bill Blass suit line licensed to Zaralo LLC, which he has designed for the past four years. He’ll also continue to run the three-story San Juan boutique he opened in 2001 that sells made-to-order evening gowns and ready-to-wear. Other possible retail locations include Miami and Santo Domingo.

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