DOWN BUT NOT OUT: Senior staffers at Bill Blass were said to be negotiating severance packages Thursday with management. NexCen Brands Inc., which owns Bill Blass Couture and its ready-to-wear business, is still trying to make a last-ditch effort to sell the company. As reported, industry observers expect the Bill Blass Couture operation to be shuttered by the end of the year.
The company still has some top-notch talent on board, including men’s wear designer Michael Bastian and Prabal Gurung on the women’s side. A few employees have already found greener pastures, including public relations manager Hana Kim. Next month she will join Erin Fetherston as public relations/marketing manager.
NexCen executives had nothing new to report Thursday, according to a company spokeswoman. But Bill Blass staffers are preparing for pink slips, which some say could start today.