Bye Bye to Rachel Roy!
Sad news today for Rachel Roy, whose namesake designer label will no longer be produced. Roy’s parent company, The Jones Group, is currently being sold to Sycamore Partners, and with all the shakeups, Jones has chosen to discontinue Rachel Roy, as they say the brand doesn’t fit in with their current strategy. Jones will continue to produce Rachel Rachel Roy, the brand’s diffusion label sold exclusively at Macy’s. Rachel Roy’s Fall 2014 collection, which showed just last month in New York will not be made, at least, not by Jones. Rachel Roy said she plans to finance her line herself, although we still don’t have any further details on how she’s going to raise money to keep her brand afloat.