Yohji Files For Bankruptcy Protection, Finds Investor

Discussion in 'Designers and Collections' started by runner, Oct 9, 2009.

  1. runner

    runner .

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    wwd.com
     
  2. runner

    runner .

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    and press release is up on his site yohjiyamamoto.co.jp
    only in japanese at the moment.
     
    #2 runner, Oct 9, 2009
    Last edited by moderator emmarockstheworld23: Oct 9, 2009
  3. lmelanie

    lmelanie Active Member

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  4. droogist

    droogist spoilt victorian child

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    There were rumours along these lines going around for the past few days...

    The investment group has an English press release up on thier website, here: http://integ625.rsjp.net/file.php?id=1255063769

    Here's the full text:
     
    #4 droogist, Oct 9, 2009
    Last edited by moderator : Oct 9, 2009
  5. skot4mc

    skot4mc Active Member

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    thanks for the up-to-the-minute news runner and droogist...
    i'm glad an investor has been secured. wow, i was worried for a moment there.

    this of course could mean many things for the future, but lets hope it's all positive for the original company and those involved.
     
  6. Crea

    Crea New Member

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    Thanks for the news updates runner and droogist! Read a NYT article about it, but of course TFS would have more up to date news!

    This didn't come as a shock but it still made me sort of want to cry...:cry:
    Glad they've got financial backing but hopefully things won't change too much...maybe a mainstream CDG Play-esque line? Whatever it takes to keep some money flowing in, just hope Yohji and Limi get to keep most creative freedom over their main lines...
     
  7. Scott

    Scott Stitch:the Hand

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    thank heavens! i did not want to see this go the route of branquinho. perhaps that explains the recent collection?
     
  8. Mutterlein

    Mutterlein Active Member

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    I knew something was going on when they closed down their NY office. There was a fashion blog story about Yohji, they staked out the Soho store to see who, if anyone, shopped at it. No one came in.
     
  9. cesarcmma

    cesarcmma New Member

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    Wow...I hope things get better for them.
     
  10. ponytrot

    ponytrot New Member

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    oh my god! fingers crossed the new business/management goes very fortuitously.
     
  11. Petit Lucille

    Petit Lucille unspecified

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    :unsure: does this mean that the brand will be as it was or it will change?
     
  12. Mutterlein

    Mutterlein Active Member

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    It'll be interesting to see how well nepotism works for Limi with the new owners...:innocent:
     
  13. MulletProof

    MulletProof Well-Known Member

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    Inaya had already informed us on this but it's still sad to see it's official.. I really really hope things work out for him and go back to normal and don't intervene with the creative process of his collections. :heart:
     
  14. tatouejeremie

    tatouejeremie Active Member

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    this comes as a big surprise to me, i've always been under the impression that he was running a very stable business
     
  15. Scott

    Scott Stitch:the Hand

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    ^i agree. let's be hopeful that these people will be that rare company that won't just think about business but also yohji's integrity as a creative.
     
  16. mirrra

    mirrra sleeping

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    hope the things will work with the new management...

    i agree, Scott, i thought the same...
     
  17. mikka000

    mikka000 New Member

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    i've often wondered about yohji yamamoto. i friend of mine told me that the tokyo store is aoyama is very quiet.and when i look at his shows, the clothes are magnificent but i always had a niggling feeling that they weren't translating into sales. i hope it works out for YY though. without him fashion would be a very desolate place.
     
  18. mikeijames

    mikeijames no tom ford, no thanks.

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    it's good to have friends in high places, yohji. i hope this serves as a great wake up call for all of those who refuse to adjust their business models -- and to a certain degree, their designs -- to fit with the times.
     
  19. Leeroi

    Leeroi New Member

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    What happened to Yamamoto is exactly what happened to Lacroix. Everyone adores him, but no one really buys his clothes. More people in Japan actually buy Comme des Garcons than Yamamoto because it's more wearable. It's sad really since his designs are beautiful and practically screams the historical culture of Japan.
     
  20. mikeijames

    mikeijames no tom ford, no thanks.

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    i wonder if they'll have to vacate that soho space. it's one of the most spare and beautiful -- if not pretentious looking -- boutiques in that shopping district.
     

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