The Fashion Industry

Image: Wmagazine.com

NexCen Brands Inc. announced today that Peter Som, the creative director that we all thought was out the door at Bill Blass , has not resigned after all, but instead of a runway show he will bel presenting the spring 2009 collection to retailers only.

In a statement the company said.”Nexcen very much looks forward to working with Peter as his continued creative direction during this period of transition is important to the future of the brand and its sales process.”

Problems between Som and owners of Bill Blass have been developing for some time now, mainly due to NexCen’s inability to provide financial support for Som’s vision for the business.

According to Women’s Wear Daily there is more to come on this revolving door story. So stay tuned!

Source: WWD

Image: Social Diva

It was reported earlier today that Peter Som, creative director at Bill Blass, has resigned. This comes just a year to the day that he joined the company. With the parent company NexCen Brands Inc strapped for cash, the designer label has been in trouble for months now.

Executives at Bill Blass have been attempting to persuade Som to delay his departure for fear the negative publicity could hurt relationships with potential investors.

The decision by Bill Blass to scrap the September fashion show in Bryant Park, due to financial problems was said to be the last straw for Som, according to industry insiders.

Source: WWD