Designer Zac Posen pulls the shutters on his namesake brand and House of Zac Posen

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Zac Posen has been a household name in the industry for almost two decades now. The designer and his esteemed label have been a favorite at the runway and among the celebrities alike! 

Looks like the designer is forced to shutter his namesake brand, as well as House of Zac Posen due to financial restrictions. 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

A post shared by Zac Posen (@zacposen) on

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The designer told a publishing site that he had no choice but to shut down trading. Describing the news as "pretty intense" and "surreal," Posen told the publication, "My partners and I tried everything possible within our means to find solutions to keep it going. I have been trying to find the right strategic partners at this tough time in retail and in the industry. The clock ran out."

 

 

After Forever 21 and Barneys shuttered, the fashion industry is quaking with the loss of another modish label.

Well, we're heartbroken, what are your thoughts? 

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(SOURCE: Instagram) 

 

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