Zac Posen Abruptly Shuts Down Fashion Line: Look Back at His Many Celebrity Muses
Zac Posen Reflects on Kate Spade's Legacy at 2018 Tonys
"The board made a difficult decision," Zac said."We were in a sale process and we ran out of time." Although the fashion power-house fought for his company, in the end it was in the hands of the board. "There was a board vote. We had to make the call," he continued."My partners and I tried everything possible within our means to find solutions to keep it going. I have been trying to find the right strategic partners at this tough time in retail and in the industry. The clock ran out."
Although the line is ending sooner than expected, since it's creation in 2001, Zac has made a huge name for himself in the industry. Especially thanks to some famous faces that inspired him over the years. Scroll through the pictures below to see all of his incredible celebrity muses throughout the years. A red carpet moment to remember! Posen and his design team illuminated the 2016 Met Gala with the star's glow-in-the-dark gown.
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Zac Posen is Shutting DownThe eponymous label, founded in 2001, is closing up shop.
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Zac Posen Is Shutting DownAccording to WWD, Zac Posen's employees were informed Friday afternoon and the company is immediately ceasing operations
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Zac Posen Closes His Eponymous LabelThe designer is shutting down the business he founded in 2001.
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Zac Posen Shuttering Business“We were in a sale process and we ran out of time.”
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Fashion designer Zac Posen is shuttering his business after nearly 20 years - Business InsiderPosen's namesake company abruptly shut down on Friday after the sale process it was in 'ran out of time.'
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Zac Posen Reportedly Shuttered Its BusinessThe company is ceasing operations effective immediately.
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