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Yohji Yamamoto (山本 耀司)
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Dear Friends,
Yohji Yamamoto Inc., a fashion company of globally known designer Yoji Yamamoto (山本 耀司), said Friday it has filed with the Tokyo District Court for corporate rehabilitation after piling up debts totaling 6 billion yen.
Yoji Yamamoto (born October 3, 1943), is an internationally known Japanese fashion designer based in Tokyo and Paris.
Yoji Yamamoto
Yamamoto is known for an avant-garde spirit in his clothing, frequently creating designs far removed from current trends. His signature oversized silhouettes in black often feature drapery in varying textures.
Yamamoto became an influential fashion designer after making his Paris debut in 1981.
In the late 1980s and early 1990s, Yamamoto was involved a relationship with fellow Japanese avant-garde fashion designer Rei Kawakubo (川久保 玲).
Yohji Yamamoto
His commercially main lines, Yohji Yamamoto (women/men) and Y's, are especially popular in Tokyo. These two lines are also available at his flagship stores in New York, Paris, and Antwerp, and at high-end department stores worldwide.
Yohji Yamamoto Inc. reported in 2007 that the sales of Yamamoto's two main lines average above $100 million annually.
Under Japanese finance laws, the company will continue operating in Japan and international markets while the restructuring proceeds. Founder and head designer Yohji Yamamoto will continue to work at the company during the rehabilitation. Yohji Yamamoto Inc. has approximately 600 employees and manages several brands, including Yohji Yamamoto, Y’s, Y-3, and his daughter’s brand Limi Feu.
This news comes during a hard week for high end fashion brands in Japan. Both French Connection and Versace announced they are pulling out of the Japanese market, and fast fashion powerhouse Uniqlo reported that an increasing number of Japanese consumers are choosing their low-priced clothing over more expensive options. The Japanese Yen also strengthened considerably this week, making Japanese goods more expensive to potential shoppers around the world.
This is also sad news personally for Yohji Yamamoto, a fashion legend in Japan. Yamamoto - along with Rei Kawakubo of Comme des Garcons and Issey Miyake -brought Japanese luxury fashion to the world stage in the 1980s. The influence of Yamamoto’s Paris shows in the early eighties continues to be felt even today. (tokyofashion,com)
Makoto Kurita
Tenkai-japan.com
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2009/10/10 18:16
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