It seems the personnel are deserting Halston faster than rats from a sinking ship. Just days after the news broke that Sarah Jessica Parker was on the out, Women’s Wear Daily has reported that Harvey Weinstein and Marios Schwab have followed suit.
Movie mogul Harvey Weinstein has held an equity stake in Halston for several years, although he’s had little to do with the day to day running of the fashion firm. He did however bring on some stylish friends, including Rachel Zoe and Tamara Mellon, as consultants. Something tells me these fashion figures didn’t do the work out of the goodness of their hearts, so if the rumors of Halston’s financial difficulties are to be believed their involvement probably put the firm under more pressure.
His name isn’t quite as well known, but Halston is sure to feel the loss of creative director and designer Marios Schwab more. Some suggest he may have jumped due to pressure to conform to the “Halston look,” rather than flex his own creative muscles. Either way, it’s a shame to see yet another designer on the Halston scrapheap.
And perhaps most worrying is the implications for Halston. While sales have been on the up, losing so many key players in such a short space of time can do little for consumer confidence. It’ll be interesting to see where the brand goes next after this trying time.