Everybody stay calm: Isaac Mizrahi is ending his five-year deal with Target, and has been named creative director for Liz Claiborne.
From Reuters: "The apparel company said it hired Mizrahi to help 'revitalize' the Liz Claiborne brand. He will oversee the design and marketing functions for women's apparel, accessories and licensing.
His first collection for Liz Claiborne will arrive in stores in spring of 2009, the company said.
Mizrahi's apparel, accessory and shoe designs have been sold at Target since 2003. His Target collection will be available through the end of 2008, Target said in a statement."
While this comes as shocking news for budget fashion lovers everywhere, we must remain optimistic. Target is sure to tap other design talents, while Liz Claiborne might actually make a much-needed comeback.
But what do you think? Does this spell disaster for fashion at Target? Can Isaac bring Liz's clothing line back to life?
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