Saturday, October 10, 2009

Yohji Yamamoto files for bankruptcy protection

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I was really sad to read that Yohji Yamamoto is the latest of the fashion houses to file for bankruptcy protection with debts of $67 million.

According to the New York Times, the designer will continue to operate under Japan’s corporate rehabilitation law, and will continue his work as a designer.

Yohji Yamamoto was one of the forerunners of the Minimalist movement in the 80's which re-defined fashion.

read the full article from the New York Times here

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