Betsey Johnson LLC has filed for bankruptcy. The financial foreclosure will see most of the label's 63 boutiques closing their doors in the coming weeks, putting some 350 employees out of work.

While every effort was made to address the company's cash flow concerns, it seemed seeking protection under ...

It's a sign of the times. Yet another luxury brand is dealing with negative numbers when it comes to sales.

Well-known couture apparel and handbag designer Christian Lacroix has filed for bankruptcy following a recent 35% downturn in fall/winter sales. It makes one wonder how long any of these high-end companies, like ...