Update. It's Over For Bill Blass…As We Know It.

Bill Blass must be spinning in his grave! His empire was sold for ten million in cash. That’s less than a Wall Street golden parachute for an exec of a bankrupted company! According to WWD, NexCen Brands Inc. sold Bill Blass, one of American fashion’s most venerable names, for the paltry sum. The deal (which …

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