The 39-years old celebrity designer and former “Project Runway” judge Zac Posen is shutting down his company. The designer is known for his evening gown creations is about to take his final bow.
Zac Posen told WWD that the board has made a difficult decision and the company is in a sale process. Vogue revealed that Posen’s s house of Z has informed nearly 60 employees to let go. The company has ceased its operations.
Here is how much Zac struggled to build this company
During New York, Fashion Week in September Posen just showed his spring 2020 collection. However, the company denied the items to ship.
Even just before the announcement of cessation, the company tweeted about the pre-order of handbags by Zac Posen.
The official website of Zac Posen is also shutting down with the cessation of the Company. Now ZacPosen.com leads to an empty domain page.
Zac Posen started his business in 2001 when he was living with his parents. At that time, zac lives with his parents at a $ 15 per day allowance.
Zac is called a boy wonder, after getting fame with the help of supermodel Naomi Campbell. He was referred to have a Sour reputation. And on the basis of his reputation, he was often compared with Ben Stiller’s arrogant model character in the film “Zoolander.”
Posen Designed the Wedding Gown of Katherine Macphee
Katherine Macphee is a famous friend of Zac Posen. Zac designed a custom wedding gown for Katherine’s wedding with David Foster in July.
Posen said – now I need to figure out my next move to share my creativity and my love.