As NexCen cuts costs and gears down, investors line up to bid on the company’s brand, Bill Blass. Included in the cutbacks for the struggling company are letting go employees from multiple departments that were deemed non-essential, and the loss of Vice President of Licensing Operations, Charles Zona. In addition to support staff, hard hit were the investor relations and marketing departments. For Blass, the possible buyers include Tharanco Group, Iconix Brand Group Inc., and Windsong Brands, and possibly Hilco and Schottenstein. With that many interested investors and more, hopefully there will be continuity for the line.
Source: WWD