Earlier this week Sarah Jessica Parker announced her departure as the president and creative director of Halston Heritage, Halston’s sister label, however the brand has taken a further knock today as WWD confirms that invester Harvey Weinstein has also split.
Sarah Jessica Parker championed the lurex-clad brand during the promotion of Sex and The City 2 back in 2010, however it was quietly revealed in an interview with US Vogue this month that this was no longer the case. ‘When Sex and the City, to her own surprise, made her a fashion star, she launched her own design label and perfumes, as well as signing on to run the Halston Heritage label, a relationship that recently came to an end.’
Weinstein invested in the company for several years, he did not have an operational role, however, his movie mogul status drew great press attention as well as his investment of between $1m and $1.5m. Despite a $7.5 million investment from parent company Hilco there are rumours that the company is in financial trouble.
Thankfully, for all those still craving the honed glowing look of Carrie Bardshaw in that fabulous Ivory mini dress, we have grappled together the remaining must have Halston pieces to snap up on today.
NEWS UPDATE: WWD has just reported that creative director Marios Schwab will not have his contract renewed and the label will not be producing a S/S 12 collection. Perhaps its time to take down the disco ball, as the seventies party might be over.
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