Fashion

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Isaac Mizrahi Sold His Company, Will Likely Discontinue His Collection

• 9/30/11 at 1:30 PM from ny magazine

Isaac Mizrahi.

Photo: Mike Coppola/Getty

Now we know why Isaac Mizrahi's collection didn't show at New York Fashion Week this fall: The designer was in the middle of selling his business to Xcel Brands for $31.5 million. As a result of the arrangement, Mizrahi's higher-end collection (the one you see at Fashion Week) will probably be phased out, since it wasn't part of the acquisition. Mizrahi will remain chief designer of his brands, which include his lifestyle collection as well as his two lines for QVC, IsaacMizrahiLIVE and Liz Claiborne New York (not to be confused with the main Liz Claiborne line, which Mizrahi is no longer involved with). Xcel is best known for its former ownership of Bill Blass, which it sold in 2008 amid financial woes that it has evidently bounced back from.

from fabsugar.com

Isaac Mizrahi Set to Launch Shoes, Bags, and Jewelry

/ OCTOBER 17, 2011 7:35 AM / Read More: Isaac Mizrahi, Shoes, Isaac Mizrahi is known for his effortless, quintessential American style, and the latest news flash is giving us even more reason to love him. Launching Fall '12, the brand will expand its line with shoes, bags, small leather goods, watches, and jewelry all priced from $38 to $348. Mizrahi's footwear collection, is set to kick off the launch into accessories. “To us, Isaac Mizrahi is a great American designer, and we love his sense of humor, and the fact that he’s timeless but still very modern. I love his pretty and polished aesthetic, and there’s some great things we can do with his footwear,” said Marc Fisher Footwear's president Susan Itzkowitz, Mizrahi's footwear licensee.