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 | Handbag Designer 101: Everything You Need to Know About Designing, Making, and Marketing Handbags Book (Voyageur Press) (Amazon.com) List Price: Price: $16.17 You Save: $8.82 (35%) |
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Not pretty in red
Rosina Rucci, the designer’s sister and head of communications for his Chado Ralph Rucci label, declined to comment yesterday and Rucci didn’t respond to a request for comment.
“When he’s paying his employees, he’s not paying his suppliers,” said one source close to the designer, noting that Rucci’s debts “easily exceed” his money-losing company’s annual revenue. “And when he’s paying the suppliers, he’s not paying the employees.”
Rucci’s liquidity crisis — made worse by a personal tax bill of nearly $1 million, according to two sources — has taken a heavy toll on his firm during the past two years.
In 2011, amid late rent payments, the designer was forced to downsize his 15,000-square-foot design studio in SoHo to about 5,000 square feet, sources said.
That’s despite the fact that Rucci, who just published a coffee-table book to celebrate his 30 years in the business, threw a dazzling New York runway show last spring that drew a rare standing ovation.
Famous Designer Handbags- News
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Special K and Ted Baker Team Up The Ted Baker "Betsi" dress will also feature in a new 1m pounds media campaign including TV advertising to promote the 'win a designer dress' and 'win a designer handbag' promotions for Special K. Laura Nevison from Special K said: "Special K |
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Special K and Ted Baker Team Up The Ted Baker "Betsi" dress will also feature in a new GBP1m media campaign including TV advertising to promote the 'win a designer dress' and 'win a designer handbag' promotions for Special K. Laura Nevison from Special K said: "Special K consumers |
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Imitationsac.com guide you to choose a good bag Many men think if the women can buy the luxury designer handbags with their own salary, then the women would be praised by men for the good decision. However, if the women could buy the bags with others' money, men would think that the girls like those |
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Hollywood's Premiere Nanny Agency: "Working For A Celebrity Family Means You ... While the added perks of private jet travel and designer handbags as birthday gifts may draw a nanny into a celebrity position, it must also be remembered that the demands of a celebrity nanny job are not always easy to fill. |
PIC: How Suri Cruise Celebrated Her 5th Birthday
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