PARIS — Underscoring the vulnerability of small fashion businesses in the economic downturn, two labels founded by Danish designers have been shuttered.London-based Danish designer Jens Laugesen, known for his minimalist and androgynous designs, has closed his signature label after six years. That closure follows last month’s news that Danish luxury brand Camilla Staerk was shut by its owner, Danish fashion giant Bestseller, which, via a company called MTHP A/S, had financed Staerk since 2003.
Laugesen, who won Paris’ prestigious Andam award in 2006, plus British Fashion Council awards, cited a lack of investment and declining sales. “I won all the awards possible, had sponsorship in both London and Paris, but you still need some extra funding and it didn’t happen,” he said. “I am very thankful for all the support I have received over the last six years,” he continued. He was hailed as one of Denmark’s most promising designers: In May, he won designer of the year in the country’s first fashion awards, and past collections were carried by such marquee stores as Maria Luisa, Dover Street Market and Opening Ceremony. But Laugesen’s fall collection, featuring black catsuits and high-waist dresses, didn’t match that success.
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