February 2012

New York Fashion Week

If you're a devoted fashionista and can't get enough of the styles that you crave, you probably know all about the arrival of Fashion Week. New York Fashion Week started on the 9th and will last until the 16th. On the opening day, designers such as BCBG Max Azria and Tadashi Shoji showcased some of their best work.

 

Many people are waiting to see the new collections of Anna Sui and Michael Kors, which cannot be seen until the 15th. Likewise, Ralph Lauren and Calvin Klein can be seen on the very last day of the show, which is certain to promise unforgettable collections that will stay fresh in the memory of attendees long after the show has ended. Almost every Fashion Week is memorable for specific designers and their collections that were showcased during that year. Many people love to compare how collections change during each event and watch their favorite designers discover their own signature style or evolve into new inspirations.

United Retail, Owner of Avenue In Bankruptcy

Do you have an Avenue store in your town? There is a chance it may go out of business due to a corporation that owns it. United Retail Group Incorporated is going into bankruptcy and can borrow up to 25 million dollars depending on an agreement with lenders. The group has actually claimed that it needs to borrow a loan of up to 40 million dollars in order to keep operating while trying to save itself from complete destruction during bankruptcy. Many sources have claimed that Avenue has had a difficult time competing against other stores that are more well-known, established, and popular. Additionally, United Retail Group has been dealing with liquidation problems since being purchased in 2007 by Redcats USA.