Last year there were several shakeups at some of the fashion industry's top fashion houses. Dries Van Noten retired (which we're still not over) and many designers played a still active game of musical chairs. Virginie Viard left Chanel and then Matthieu Blazy left Bottega Veneta to take over Chanel. Louise Trotter departed Carven to accept the Bottega Veneta gig. Alessandro Michele went to Valentino and Sarah Burton moved to Givenchy. Dizzy yet? Glenn Martens also bid adieu to Y/Project, possibly due to the label's financial strain, but the brand was hoping to find a buyer to keep the line going.
Unfortunately, that didn't happen. Y/Project just announced that it's officially closing after being unable to secure a buyer. The house released a statement on Instagram.
