Things Are Only Getting Worse At Ungaro

by Verena von Pfetten | 1:39 pm, January 19th, 2012

If you thought designer Giles Deacon leaving Ungaro after just one collection was bad, wait until you hear this news.

Not only did the company inform retailers that it wouldn’t be able to deliver its spring-summer collection, but it won’t be presenting a fall collection next month or showing pre-fall next week, as originally planned.

Women’s Wear Daily reports:

Entrepreneur Asim Abdullah, who acquired the brand from Salvatore Ferragamo in 2005, confirmed the reorganization but declined to comment on specific measures. “We are going through an internal reorganization to support a new business model that will allow the company to be profitable in the near future. The company remains financially viable and we believe that the brand will continue to thrive under the new strategy that we will discuss in the coming months,” he said.

Let’s just hope it doesn’t involve heart-shaped nipple pasties.

[WWD]

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