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Saturday, April 4, 2009

Just In: Olivier Theyskens to Halston?

Word from Paris is that Olivier Theyskens, after just showing his last collection for Nina Ricci amid a din of chatter, is heading to Halston. While this seems unlikely to us, as couture-level European designers don't typically do well at American brands, it isn't outside the realm of possibility. And since Marco Zanini left the label about six months ago—for Rochas, ironically, where Theyskens designed from 2002 to 2006—Halston's co-owner Harvey Weinstein, board member Tamara Mellon and CEO Bonnie Takhar have been on a well-publicized hunt for a replacement. One name tossed up recently was London designer Marios Schwab.

No matter who ends up coming to New York, it'll be a challenging task reviving Halston, which Weinstein bought in 2007 for $20 million, saying at the time he wanted it to be "the first American global luxury brand, an American LVMH." Yet the revolving door never seems to stop revolving. At least six designers and eight owners have pinned their hopes on Halston in the last 35 years, without much success.

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