Designer Veronique Branquinho's Company Liquidates, Closes Store
WWDreports that designer Veronique Branquinho's company James NV is liquidating. Veronique Branquinho's sole store in Antwerp is clearing out stock.
Citing its intent to cease all operations, James NV blamed a sharp drop in orders for its fall/winter 2009/2010 collections, and a plethora of canceled orders and nonpayments for the past spring/summer season.
A court-appointed attorney is said to be supervising the winding down of the company, but it is not clear what will happen to collections in production, including the men's fall-winter line.
Branquinho, which counted about 50 wholesale clients, operates one store on Nationalestraat in Antwerp, which remains open to clear out stock, the company stated.
Vogue UKreports that the 35-year-old Belgian designer has plans to become the artistic director of Delvaux. She is also a professor at the University of Applied Arts in Vienna.