NEW YORK — Kari Sigerson and Miranda Morrison have parted ways with the footwear company they founded in 1991.

This story first appeared in the March 29, 2011 issue of WWD. Subscribe Today.

The brand was acquired by Marc Fisher in 2006, but the two remained on board with the label as creative and design directors until announcing their departure Monday which, according to Sigerson, came as a surprise.

“Miranda and I are out of the company, so the shoes for sale right now are the last ones that we will design,” Sigerson told WWD. “It’s not something that we anticipated, but it’s over for now I guess. We’re hoping that we’ll move on to greener pastures and happier places.”

Susan Itzkowitz, president of Marc Fisher Footwear, said the company plans to go full speed ahead with the brand, as well as its lower-priced, contemporary counterpart, Belle by Sigerson Morrison. “We have a design team that we’re putting in place, and we’re excited about what we’re doing going forward,” she said.

Sigerson, who admitted the past few years had been quite difficult, remains optimistic about what the future holds, and maintains she has yet to ink a deal. She hopes to stay in the industry and work with former partner and best friend Morrison on a future footwear-related endeavor.

“Something really rocking is going to come our way. You get into this little vacuum and you forget that there are all these great things out there and great people who potentially want to work with you,” Sigerson said. “It seems like there’s a world of possibilities, and now is not the worst time to pursue them.”

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