Veronique Branquinho folds

Following fast on the bankruptcy of the Christian Lacroix brand, Belgian designer Veronique Branquinho has announced she will shutter her eponymous label for economic reasons. Branquinho's business relied on wholesalers which have been doing less buying during the recession. Vogue UK says that Branquinho's company, James NV has begun a court-appointed liquidation period and will clear out residual stock from the label's only standalone store in Antwerp. Branquinho still has plenty to keep her busy, she is the new artistic director of Belgian leather goods brand Delvaux and a professor at the University of Applied Arts in Vienna.