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Blass Direct Sales Ceasing Operations
Bill Blass New York, the direct sales apparel firm, has stopped taking orders and is liquidating.
A spokesman for investment firm Angelo Gordon & Co, which owns the direct marketer, said, "Angelo Gordon & Co. on Nov. 14th filed to liquidate Bill Blass New York, a wholly owned direct seller of women's clothing, under Chapter 7."
It could not be immediately determined which bankruptcy court the petition was filed in. A spokeswoman for Bill Blass New York did not return calls for comment by press time.
The direct-to-consumer seller in March hired Ann Acierno as its chief...