Escada may have filed for bankruptcy, but don't count the European brand out just yet. Investors are rallying to save the iconic fashion label, despite insolvency proceedings opening on Sunday.

The leading prospect according to the New York Post is the Beirut-based M1 Group. The company purchased Faconnable from Nordstrom ...

The financial crisis has claimed another fashion victim. German fashion house Escada, once one of the most powerful labels in the world, has filed for bankruptcy.

Insolvency soon became the only option for the brand after it failed to find sufficient backing for its rescue plan. It leaves behind ...

Tiffany & Co. has thrown embattled handbag brand Lambertson Truex a lifeline. The jewelry giant has bought out the label, which filed for bankruptcy in March, and hired its designers to boot.

Tiffany spokesman Mark Aaron said Richard Lambertson and John Truex were "well-regarded" in the industry, and ...