Betsey Johnson Is Getting a Major Makeover Under Steve Madden’s Ownership

Photo: Frazer Harrison/Getty Images

Since the Betsey Johnson label was sold to Steve Madden in October and got a new CEO, Susan Falk, shortly thereafter, it's no surprise that there's a big overhaul in store for the company. Falk told The Wall Street Journal that she's planning to open more boutiques and expand the label's website, all while making the clothing designs a bit more appropriate. "[The skirts are] a little too short," she said. For her own part, Johnson stated, "I am still the captain of the ship, and it's a happy and exciting 'full speed ahead!'" [WSJ]