Veronique Branquinho Folds

Veronique Branquinho, fall 2009.

Budding Belgian fashion-design star Veronique Branquinho will close her eleven-year-old label after a steep decline in orders for fall and numerous canceled orders and nonpayments for the spring collection. The label had about 50 wholesale clients and one stand-alone store in Antwerp, where merchandise should go on clearance pretty soon. Branquinho herself has another gig, as the new artistic director of Belgian leather-goods brand Delvaux. But this is sad news — and just a day after Christian Lacroix effectively filed for bankruptcy. Who will the economy claim next?

Veronique Branquinho to Liquidate [WWD]