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Last month, Marchesa was discussing the possibility of launching a contemporary collection with LF USA, the same group that saved Vena Cava. Now it’s been confirmed that the two are indeed in business together.
Big news: Marchesa is discussing the possibility of a contemporary line with LF USA, an investment and supply chain company — and the same people who saved Vena Cava with a cash infusion just last week. According to WWD, details are still fuzzy, but an announcement will be made soon.
In November, Vena Cava was reportedly in serious financial trouble and it looked like founders Lisa Mayock and Sophie Buhai would have to shutter the 8-year-old company. Now the duo has confirmed a deal with Li & Fung subsidiary LF USA that would keep Vena Cava afloat.