Iconic American designer Betsey Johnson filed for Chapter 11 bankruptcy yesterday, saying she would close most of her boutiques and focus on her more affordable Macy's line.
Johnson got her start hanging out with Andy Warhol and editing a fashion magazine. Since starting her own fashion label, Johnson has outfitted celebrities including Rihanna, Katy Perry and Reese Witherspoon.
But Johnson's whimsical $400 dresses just weren't hitting a sweet spot with customers and siphoned cash from her company.
Betsey Johnson was born in Connecticut in 1942. As a child, she took many dance classes, which she says inspired her love of wild fashions.
information via fashionmodeldirectory.com.
Betsey moved to New York after graduation and became a guest editor at Mademoiselle. In her free time, she started sewing together designs.
information via fashionmodeldirectory.com.
In the 1960s, Johnson was part of a group of artists mentored by Andy Warhol. The bright colors he used continue to be reflected in her designs today.
information via Vogue.
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