It is clear that you can’t keep a good brand down. Yohji Yamamoto, the Japanese designer who filed for bankruptcy this week, is being bailed out by Integral Corp., an investment company based in Tokyo, according to Bloomberg.
And in another Bloomberg report, we discovered that Escada, who filed for insolvency in August, has received acquisition bids from at least five investors. So, there could be another happy ending on the cards.
For background info on the Escada insolvency, see the MO Down for 13 August.