Bill Blass

I don't know what Peter Som did in his past life, but it couldn't of been anything good. The designer has been having a steady stream of bad luck. First with Bill Blass, and now he's cancelled his Fall 2009 runway show because Creative Design Studios has broken their partnership with him. The reason behind the seperation is because the Studio is planning on focusing more on "core businesses" like the department store rather than "strategic partnerships" like Som's line(ouch). "We have realized that our strategic interests are no longer aligned and feel that this is the best direction for our company at this time," Elana Posner(CEO and President of Creative Design Studios) said. Only thing left, is a cow to fall on Som's head.

Hmmmm! In an earlier post we had mentioned that NexCen had sold Bill Blass to Peacock International Holdings and that the new owners were evaluating how best they could revive the ailing company. Now it seems that Bill Blass Couture wasn't included in the acquisition, and since then Bill Blass Ltd. has filed for bankruptcy liquidation since Dec. 31st. Was Peacock handed the short end of the cock?(i couldn't resist)

It's official, Peter Som has left Bill Blass. Peter expressed to WWD that it was an "extremely difficult decision" and he plans to focus on growing his own label. Peter's frustration about NexCen, which owns Bill Blass, could not support the Blass line financially the way he envisioned. It couldn't be easy when NexCen hadn't paid fabric vendors and embroiderers. Though unfortunate, all i can say is best of luck to ya Pete, maybe you'll find another company who can back you 100%. Maybe then your ideas can truly be expressed.

According to Portfolio , NexCen, the brand behind Bill Blass, is sinking. This news has sparked fears that Peter Som will be looking for work soon as the house is in desperate need of funds and fast cash.