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Edited by on July 15 2011 at 8:25 AM

Don’t worry, Halston, I wish it was the 70s too. Me, you, Diana Ross, Liza Minnelli, Jerry Hall and Bianca Jagger blowin’ rails off Elton John at 54 to Donna Summers‘ “I Feel Love,” everyone in a psychadelic caftan or beige pantsuit of your making. Fast forward 40 years — has it been that long?! — and you’re a struggling label unable to find your footing after the death of your visionary founder Roy Halston. And now, not only has Carrie Bradshaw trotted away as your president, but that guy who’s banging Marchesa left too. What to do now? (P.S. I’ve got a coke spoon and Liza on speed dial — coincidentally, the two are related.)

Harvey Weinstein and SJP Break from Halston

Sarah Jessica Parker‘s departure was a tiny little mention in her Vogue cover story:

When Sex and the City, to her own surprise, made her a fashion star, she launched her own design label and perfumes, as well as signing on to run the Halston Heritage label, a relationship that recently came to an end.

Days after that story broke, Harvey Weinstein has followed SJP out to pasture, leaving the company in which he had equity stake for the past few years. Well, the good news is Halston’s parent company, Hilco, is still confident in the label — at least someone is — as its seen recent growth in retail.

And also, Liza picked Diana up in the Beemer  and they’re on their way with Elton riding bitch. Happy days are here again! [WWD]

 

Story by Lester Brathwaite

I was center square from 1969 to 1978, during which I perfected the art of the zing as well as a crippling cocaine addiction. Bea Arthur was responsible for both. @LesFabian lester at fashionindie.com