Elle.Stardoll
Elie Tahari’s About to Buy Catherine Malandrino
A look from Catherine Malandrino's AW11 collection. Photo: Imaxtree
When Catherine Malandrino‘s name failed to show up on the New York Fashion Week calendar there were a few rumblings in the blogosphere. But when, last week, Racked started reporting on her closed store, late payments, and disgruntled staff rumors really started to swirl. Now, it sounds like Elie Tahari is in serious talks to buy Malandrino’s entire business. It’s not the first investor with whom Malandrino’s flirted. Last year, the designer brought on an investment banking firm and almost signed a deal with Kellwood, but this deal sounds more promising. Tahari’s been trying to grow his business (perhaps, as WWD speculates, spurred in part by his rival Andrew Rosen’s smart investments in everything from Olivier Theyskens to Proenza Schouler) exponentially this past year with new stores and ecommerce, and acquiring a brand like Malandrino, with loyal fans, standalone stores and an overlapping customer base, is one smart way to do so.
Advertisement
GET TO KNOW OUR STARBLOGGERS
2010vampire
Featured post: "The NEW Disney Wizards"midnightmonkey627
Featured post: "Styling OOTM 2023"Vulacano10624
Featured post: "CallieCon AMA - Q&A with Vulacano106 - Part 2"Elizabeth_C.K.28
Featured post: "HOMEMADE SNACKS RECIPES #3 - Popcorn"Justanother.18
Featured post: "5 Art Ideas- Get Creative!"PIMIENT0
Featured post: "Stranger Talks"Dadaliana268
Featured post: "Suite Design for a Sweet Dime #2"allcatsmeow2
Featured post: "Cat-O-Ween Con: Black Widow Edition!"-sassychic1998
Featured post: "virtual styling 12"imweirdo
Featured post: "My thoughts on a climate crisis"madmadeleine69
Featured post: "Sauteed Chicken Breast Pan Gravy"muge_derin
Featured post: "Starcoin Outfits #12"