Fashion designer Zac Posen axes entire staff, shutting down company: reports

Zac Posen, celebrity designer and former “Project Runway” judge, is taking his final bow.

The 39-year-old designer known for his evening gown creations announced Friday that he’s shutting down his company, Women’s Wear Daily reports.

“The board made a difficult decision,” Posen told WWD. “We were in a sale process and we ran out of time.”

Vogue reported Friday that Posen's House of Z had ceased operations and approximately 60 employees were informed they were being let go.

https://www.foxnews.com/lifestyle/fashion-designer-zac-posen-closing-business-axes-entire-staff-reports