How to Join
the Fashion Spot / Front Row / Designers and Collections
FAQ Calendar Search Today's Posts Mark Forums Read Rules Links Mobile How to Join
Reply
 
Thread Tools Display Modes
20-07-2004
  1
tailored
 
kimair's Avatar
 
Join Date: May 2003
Location: San Francisco
Gender: femme
Posts: 14,522
BadgleyMischka Skipping Shows..then moving forward
from today's WWD:


Quote:
With no viable backers stepping forward to rescue Badgley Mischka, the designers Mark Badgley and James Mischka said Monday they will not produce a spring collection.

Badgley Mischka has been majority owned by Escada (USA) Inc. since 1992, but the designer eveningwear brand was put on the block last October as part of Escada’s ongoing global restructuring. Although a number of companies have held discussions with the designers and Escada executives over the last several months, they jointly said in a statement on Monday that “an agreement has not been finalized thus far and funding is therefore not available for a spring-summer collection.”

That Badgley Mischka — one of the star labels of the New York fashion scene — could not attract another backer in that time has confounded many of the executives involved in its sale, considering the consistently strong showings by the designers in editorial reviews and in celebrity press clippings. But the high cost of producing the designers’ elaborately embroidered and beaded evening gowns and promoting a designer evening collection that is not yet supported by a high-volume licensing business has been cited as a factor in their lack of aggressive suitors.

The designers allocate a budget in the neighborhood of $500,000 to produce their seasonal runway shows, which Escada was no longer willing to support in the face of its own cost-cutting measures.

Badgley and Mischka, both 43, were not available for comment on Monday, and officials at Escada, which owns an estimated 80 percent of the business, deferred questions beyond the designers’ statement for the time being. The design duo, who are co-presidents of B.E.M. Enterprise Ltd., will continue to seek a new financial partner for the company.

Badgley Mischka, with annual retail sales estimated around $40 million, is expected to continue with the production and deliveries of its fall collection, and will support sales with personal appearances and public relations, according to the statement. However, several positions are expected to be eliminated at the company, which has a staff of more than 60 at its offices at 525 Seventh Avenue, and additional cost-cutting measures will be taken in its operations as the division winds down.

__________________
j'adore couture (life in fashion and in print)
  Reply With Quote
 
20-07-2004
  2
etre soi-meme
 
Lena's Avatar
 
Join Date: Jun 2002
Location: europe
Gender: femme
Posts: 23,965
probably the biggest fashion 'newsbit' of the day, even though i'm not a fan I'm really sad for them, seems unfair, they were supposed to be doing so well.. wishing them good luck with all this mess

  Reply With Quote
21-07-2004
  3
flaunt the imperfection
 
softgrey's Avatar
 
Join Date: Jan 2004
Location: downtown...
Gender: femme
Posts: 50,929
ugh...so sorry for them...they do beautiful work...for their type of client...i'm sure they will be back...and wish them well...


thx for the article kim...

__________________
"It is not money that makes you well dressed: it is understanding."
ChristianDior



  Reply With Quote
20-04-2005
  4
Hoppity Hop
 
Atelier's Avatar
 
Join Date: Dec 2003
Gender: homme
Posts: 8,377
They are. From today's WWD:

Quote:
Mark Badgley and James Mischka will premiere their fall collection Thursday at Bergdorf Goodman, and among those expected to see the duo’s new cocktail and eveningwear are Cornelia Guest, Mai Harrison, Joanne de Guardiola, Muffie Potter Aston and Cynthia Lufkin. The collection was inspired by an Irving Penn photograph of Charles James ballgowns in muted shades of pink, blue and champagne. The show marks the return of Badgley Mischka to Bergdorf’s.

  Reply With Quote
20-04-2005
  5
V.I.P.
 
brian's Avatar
 
Join Date: Jan 2004
Gender: homme
Posts: 14,046
thanks for that tidbit, atelier

  Reply With Quote
20-04-2005
  6
V.I.P.
 
leyla m.'s Avatar
 
Join Date: Sep 2002
Location: shoe emporium
Gender: femme
Posts: 16,472
shame. we carry them in our shop

__________________
http://www.work-in-progress-blog.com/


weet tweet tweet @w_i_p_monaco
  Reply With Quote
20-04-2005
  7
flaunt the imperfection
 
softgrey's Avatar
 
Join Date: Jan 2004
Location: downtown...
Gender: femme
Posts: 50,929
but leyla...the bit that atelier posted says they're BACK...
so that's good news...

btw...what shop?......

__________________
"It is not money that makes you well dressed: it is understanding."
ChristianDior



  Reply With Quote
20-04-2005
  8
V.I.P.
 
leyla m.'s Avatar
 
Join Date: Sep 2002
Location: shoe emporium
Gender: femme
Posts: 16,472
are they back for good?
soft, i am the buyer of a big store in kuwait. we carry superbrands

__________________
http://www.work-in-progress-blog.com/


weet tweet tweet @w_i_p_monaco
  Reply With Quote
20-04-2005
  9
etre soi-meme
 
Lena's Avatar
 
Join Date: Jun 2002
Location: europe
Gender: femme
Posts: 23,965
OffTopic: i had no idea leyla, welldone
suits you soooo well this new job, cheers

  Reply With Quote
20-04-2005
  10
V.I.P.
 
leyla m.'s Avatar
 
Join Date: Sep 2002
Location: shoe emporium
Gender: femme
Posts: 16,472
offtopic

thanx darling. its really worth a visit.

__________________
http://www.work-in-progress-blog.com/


weet tweet tweet @w_i_p_monaco
  Reply With Quote
20-04-2005
  11
fashion insider
 
eugenius's Avatar
 
Join Date: Feb 2005
Location: Boston
Gender: homme
Posts: 2,035
I've always LOVED Badgley Mischka, especially their bridal line (never thought I'd say I like a bridal line!), and I always thought they had some of the most beautiful clothes coming out of NYC. So it saddens me to read this.

But, if they're showing their Fall collection at Bergdorf's, then to that, I say:

  Reply With Quote
25-04-2005
  12
etre soi-meme
 
Lena's Avatar
 
Join Date: Jun 2002
Location: europe
Gender: femme
Posts: 23,965
even though they are not my fave designer team
..here some very good news for Badgley Mischka and their fans

Quote:
With licenses lined up for handbags and sunglasses, Badgley Mischka’s new owner is not dawdling about expanding the brand’s reach.

Candie’s Inc., which bought the designer label last year, makes no bones about its aggressive growth plan for the company. Candie’s chief executive officer Neil Cole said in a statement, “Interest in the brand has been overwhelming and we are carefully evaluating many opportunities for expansion and developing an exciting marketing plan for the brand.”

For now, Candie’s has inked a licensing deal with Florence-based Franchi Accessories for Badgley Mischka women’s handbags, and has signed another one with Los Angeles-based Sama Eyewear for women’s and men’s sunglasses and optical frames. Both collections will debut at the accessories market in August and will ship to stores for spring 2006.

Franchi will make evening bags to coordinate with the designers’ signature looks, as well as daytime handbags. Retail prices are expected to range from $400 to $1,200.

“It’s important that our bags mirror what we’re doing with the whole company,” James Mischka said. “We want to keep it special, luxurious and signature.”

He and Mark Badgley noted it can be challenging to find companies that understand a design philosophy, and have the resources and talent to execute a vision.

“Candie’s really understands brand management. It is very refreshing to have some really exciting projects in the pipeline,” Badgley said.

The travel is not bad either. Just back from a meeting at Franchi’s Florence headquarters, Mischka said, “There are worse places to do business than Florence.”

The designers said they are delighted to be working with Sama’s designer and ceo Sheila Vance, whom they have known for years. Mischka said he and Badgley plan to marry their vintage and glamorous style with Sama Eyewear’s technical sophistication and innovative materials. Retail prices for sunglasses and eyeglass frames will start at $250 and could go as high as $15,000 for styles made with gold and diamonds in the couture collection.
from wwd

  Reply With Quote
Reply
Previous Thread | Next Thread »

Tags
badgleymischka, forward, moving, showsthen, skipping
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

monitoring_string = "058526dd2635cb6818386bfd373b82a4"


 
All times are GMT -5. The time now is 10:05 PM.
Powered by vBulletin®
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
TheFashionSpot.com is a property of TotallyHer Media, LLC, an Evolve Media LLC company. ©2014 All rights reserved.