Designer Andy Thê-Anh liquidating, closing stores
Sad news. Canadian fashion designer Andy Thê-Anh is liquidating his merchandise after financial backers pulled their support from his line. A sale of $2.8 million worth of clothing (to be sold at 70 to 80 per cent off) begins today by Maynards liquidators at his Montreal Cours Mont Royal shop. It will run for several months. “It was not the most elegant way to close,’’ Thê-Anh told the Montreal Gazette. “People are interested only in glamour. I create the glamorous image, but they don’t understand the hard work involved.” From the Gazette:
Another downtown shop, on Mountain St., closed this autumn. In all, about 20 employees are out of work, Thê-Anh said, including head office and boutique staff. A Yorkville shop in Toronto has also closed.
When the recession hit, sales in the U.S. dropped drastically, Thê-Anh said.
Étienne Lecompte, president of the company, said sales for spring 2011 were down 46 per cent compared with last spring. “It didn’t make sense to continue with the numbers as they were,’’ he said, adding the Canadian sales were doing well compared with the U.S.
But the president of Andy The Anh didnot mention that Spring 2011 wasnot designed by Andy himself and the price was 30% lower than all the previous collections with cheaper fabrics!!! All Andy’s loyal customers had dropped the line, no wonder the sale was down. When the label was known for better quality and design, this is not the smartest move…
Too bad…feel sorry for him. I hope you come back stronger, Andy.
ST.
So unfortunate:(
@ST, i don’t know who told you that, but if it makes them feel better to tell you he didn’t design the collection then so be it…but don’t always believe what you hear!
Hi Sebastien, you can believe this because it’s true !
Your dresses are amazing your talent exceptional. I love your clothes and I wish you the best of luck in your future endeavours.
To see the store in Toronto