Why Betsey Johnson......WHY?

BY VANGARDEGIRL MO, SEPTEMBER 3, 2010

This to me is a big shocker Betsey Johnson had recently defaulted on a $48.8 million loan. I guess everyone is having time. My shock to this is the fact that I've noticed Betsey Johnson apparel and accessory everywhere. I even bought myself a cute lil burgundy Betsey Johnson dress from a vintage store  over the past weekend. If she doesn't pay off the loan by 2012, Betsey Johnson LLC, will be owned by none other than Steve Madden. The sad part about this is the fact that Steve Madden paid $27.6 million to buyout her loan. Well I hope everything turns out well for Ms. Johnson, I really enjoy seeing all her creative and colorful collections. Don't worry focus on your Spring 2011 show which will be in 10 days.

For more information visit WWD and to support her visit her website BetseyJohnson.com her website is currently having a Labor Day weekend sale up to 70% off.
Enjoy:)