NEW YORK — The economy, the challenges of running a fashion business, debt and the inability to secure financial backing can all factor into a designer’s decision to close shop, but for Jane Mayle, an out-of-control fashion system was the ultimate trigger behind calling it quits on her business after 10 years.
The Mayle holiday-resort collection that ships to stores this November will be her last and the boutique she operates at 242 Elizabeth Street here is slated to close in February. The expiration of her store’s lease then caused Mayle to take a step back and reevaluate her options.
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