Tuesday, September 11, 2012

Luca Luca Financial Troubles

Luca Luca has long been known as a fashion brand for socialites but even the toniest gals run into money issues from time to time. Sources close with the company tell us that the fashion house has less than two months of operating capital and may be closing for good.

Luca Orlandi started Luca Luca in 1991 and the brand quickly became known for his brightly colored dresses and figure hugging red carpet gowns.  At one point the company had several free standing stores throughout the country and its collections were sold at high-end luxury department stores like, Neiman Marcus and Barneys.

Luca Luca, which usually shows during New York Fashion Week, was absent last season. The brand also quietly closed  its free-standing boutiques including the Madison Avenue space, which is currently the new home for Yigal AzrouĆ«l. In addition, the brand's website does not include any product mention of Fall 2012 and we can't find any retailers who are currently selling  product.

We hate to be the messenger of bad news but we think a sample sale (read: liqudation sale) may be in the company's future. What's so bad about a society girl going down partying anyway?


Anonymous said...

I used to love this line. They switched designers 5 years ago and it feel apart. The price point was too high for the quality. The store had great service too. Unfortunate end.

Anonymous said...

actually, ever since it switched designers, the styles have been more sexy and fun. I love the new designer Raul Melgoza