Talk about a mass exit. According to various reports, Tamara Mellon is the latest high profile executive to leave the ill-fated fashion label Halston, which also lost Sarah Jessica Parker, Harvey Weinstein and designer Marios Schwab over the last two weeks.
Mellon, Parker and Weinstein all owned equity stakes in the brand, which have now been taken over by Hillco Capital. Schwab designed the company’s designer collection, but after Halston decided not to renew his contract, both he and the line itself were given the boot. It’s expected that the brand will focus on its secondary line, Halston Heritage, where Parker was both president and chief creative officer until she decided to leave.
Mellon, who’s also the CEO of the shoes and accessories brand Jimmy Choo, brought Parker on board in January 2010 as part of the brand’s revival, but there were signs of trouble in the water after the board decided to fire the company’s CEO Bonnie Takhar in November. Parker was widely reported to be unhappy about the decision, which prompted Weinstein to say in a statement that “no one was more steadfast to Bonnie than Sarah Jessica.”
We guess when it rains, it pours. We’ll keep updating you about what’s going on with the company, but at the rate people are leaving Halston, we’re concerned that there won’t be much left to write about soon.