Thom Browne Is In Trouble…

Rebecca Alexander, Editor May 5 at 11:00
Read More:miki higasa, target, thom browne, thomas cunningham, tom becker

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Thom Browne’s CEO Tom Becker and CFO Thomas Cunningham decided to leave the company, according to Browne’s spokeswoman Miki Higasa. “Thom Browne had been thinking a lot about restructuring, and they decided it was time to leave to pursue other interests,” she said. Browne is running the company all by his lonesome and may bring on other executive types to help him. (Higasa says he’s in the “thinking stage.”)

Although Higasa refuted rumors that Browne is close to filing for bankruptcy, she confirmed that Browne is still looking for a financial partner and has been looking for one for three years.

Maybe he should venture into some lower prices collaborations, like Target…