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Betsey Johnson Bankruptcy

She's Back! Betsey Johnson To Make a Comeback

August 8, 2012

  The past couple of years have not been very kind to designer, Betsey Johnson.  In 2010, Steve Madden came to her rescue by taking control of her £31 million bank loan (about $48 million) which he absolved in exchange for full ownership of the brand (although Johnson remained creative director). Then, in May 2012 …

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