Fashion Wunderkind 'Deeply Saddened' to Shutter His Label

Designer Zac Posen is shutting down his namesake label. Posen has been a red-carpet favorite for close to two decades, known for glamorous, body-hugging gowns, often with long trains or big, flamboyant ruffles, for stars like Katie Holmes and Rihanna. An announcement from the label’s owners, House of Z and…

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