Los Angeles, CA, United States (Celebrity News Service) – The legendary Halston fashion brand’s future is in serious doubt and the brand may be facing closing.
Harvey Weinstein and Sarah Jessica Parker have already been reportedly planning to cut ties with the line, and now designer Marios Schwab may be joining that group.
“It wouldn’t surprise me. There doesn’t seem to be any plan, Harvey is out, Sarah is gone. What are they going to do?,” an industry insider told thedailybeast.com about the brand possible plans to close up and liquidate.
Schwab is reportedly leaving after Halston told him that they wouldn’t be renewing his expiring contract.
Halston has been attempting to resurrect its brand which experienced immense success in the 1970’s and 80’s.