HBIC of Fashion Goes Out of Business

Betsey Johnson retail stores throughout the U.S., Canada and the U.K. and will continue until all merchandise has been sold. Betsey Johnson, known for her iconic designs and use of bold color, opened her first retail store 30 years ago in New York City and soon expanded internationally.

During the going-out-of-business sale, consumers will find incredible savings of 20-50% on all Betsey Johnson apparel, jewelry, handbags and shoes. All store fixtures such as apparel racks, shelving and lighting are also available for sale.

"While the sales are ongoing, Betsey Johnson customers are still our main priority. We hope that they use this opportunity to find great discounts on all of the latest Betsey Johnson fashions," said Jonathan Friedman, Chief Operating & Financial Officer of Betsey Johnson LLC. "I recommend that customers shop early so that they can take advantage of the sale, as merchandise will not be replenished once it has been sold."

All Betsey Johnson stores will honor gift cards until June 1. All sales made on or after Friday, May 11, 2012 are final. Going-out-of-business sales are taking place at all 54 U.S. Betsey Johnson stores and at all nine Betsey Johnson outlets.

Steve Madden Ltd., which owns Betsy Johnson intellectual property rights, said that the company will continue to sell Betsy Johnson clothing and other products on a wholesale basis.

How do you guys feel about this, ONTD? Will you be purchasing anything from them? TBH, I'm deeply saddened but excited because I can actually afford this.

Sources: uno,dos