Eric Gaskins' MGB Squared files for bankruptcy

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The couture design house MGB Squared filed for bankruptcy protection last week in order to keep its business operational. The company designs high-end clothing worn by celebrities and sold at retailers like Saks Fifth Avenue. Industry experts are uncertain that the filing will ensure continuity for the business.

Note: This entry erroneously suggested that MGB Squared designer Eric Gaskins personally filed for bankruptcy, which is inaccurate. Timely Demise regrets any misinterpretation.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on March 17, 2009 8:48 AM.

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