Yohji Yamamoto Facing Bankruptcy?

BATD ON Oct 09, 2009 AT 12:06 pm

Yohji Yamamoto

Yohji Yamamoto

Is Yohji Yamamoto facing bankruptcy? With an ailing economy still on a rocky road to recovery it seems that the Japanese fashion house is struggling. It was just a month ago that his work graced the runway with his Y-3 Spring/Summer collection. However we hear this morning representatives for Yohji Yamamoto filed official proceedings at Tokyo District Court for bankruptcy protection.

No details were given, however Japanese investment firm Intergral stated it will take part in the fashion house’s future restructuring plans.┬áParisian fashion label Christian Lacroix is also battling bankruptcy and in a desperate bid to find investors, Lacroix was a noted no show on the catwalk at Paris Fashion Week, his last show was haute couture back in July.

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