Skip to content, or skip to search.

Emanuel Ungaro Owner Trying to ‘Rationalize Costs,’ Not Sell Label

Emanuel Ungaro, fall 2010.

Yesterday the Post reported that Emanuel Ungaro owner Asim Abdullah had been in talks to sell the label, but potential investors pulled out since Lindsay Lohan's stint there was such an embarrassment. Today Abdullah says the rumors are "absolutely not true," adding, "The company is not for sale." He continued, "We are not entertaining any conversations with anyone about the sale of the company." Though he did admit the label is trying to "rationalize costs." Finally, some rational thinking! [WWD]

Photo: Imaxtree

Copyright © 2013, New York Media LLC. All Rights Reserved. The Cut® are registered trademarks of New York Media LLC.

Copyright © 2013, New York Media LLC.
All Rights Reserved.

Copyright © 2013, New York Media LLC. All Rights Reserved.

Connections

Critics’ Pick
Show More
Label
Season
Model:
% Agree

Sponsored Message

More Celebrity Lookbooks

Close

    Sponsored Message Continue