Here's some news we're not too happy about this morning: Jodi Arnold, the perky, red-headed designer known for her feminine draping and bold, original prints, closed her store in Brooklyn at 347 Atlantic Avenue and Hoyt Street this month, and has announced that the fate of her Manhattan store is also uncertain. Arnold is reportedly looking into several business opportunities, as well as undergoing discussions with existing and potential investors about keeping her business alive.
The Jodi Arnold label was reportedly hit hard by the recession, similar to many other smaller designer businesses. WWD reported that that Arnold may be having difficulty obtaining factoring, although she is believed to be working with wholesale accounts.
Arnold’s store at 56 University Place and Tenth Street was originally created as a pop-up shop to run through the end of 2009. The permanent store opened afterward with a lease said to run for one year. Arnold’s label, originally known as Mint by Jodi Arnold when it launched in 1999, was renamed Jodi Arnold in 2007. She recently created a popular collaborative collection with The Limited (on which we reported) and has built up a solid following of fans over the years. We wish her the best of luck and hope that this is not the end of the Jodi Arnold label.
Article Source: WWD
Photo Source: NY Mag.com, Stylelist.com
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