
Yes, you heard that correct. Lauded fashion designer and San Francisco native, Peter Som has canceled his show for Mercedes-Benz Fashion Week next month. He was forced to cut the show because of his split with Creative Design Studios, a division of Lord & Taylor LLC. Here's the scoop that the peeps at WWD gave us:
“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, who co-owns Peter Som, Inc. with the namesake designer and serves as the company's chief executive officer and president, said.
…“Peter’s talent is enormous but the realities of today’s marketplace have forced us to reevaluate all of our strategic partnerships," said Susan Davidson, CEO of Creative Design Studios. "We need to focus all of our resources on our core businesses — Lord & Taylor and The Bay department stores.”
I remember when I interviewed Peter Som when he was here for Fashion Week Live a couple of years ago. He was a real nice guy and his work he did for his own line and Bill Blass was amazing. I also saw his Blass collection in New York a couple of seasons ago - it was just as spectacular...and I also sat a couple rows behind Anna Wintour - so you know he is a big deal in the biz.
Wow...I am such an annoying name dropper.
Can we blame the economy for all this madness?
Don't worry Peter...like Tupac says, "You gotta keep ya head up."