Confirmed: Harvey Weinstein and Marios Schwab Out at Halston [Updated]

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Former Halston-ers Sarah Jessica Parker, Harvey Weinstein, and Marios Schwab. Photo: Anne-Christine Poujoulat/Samir Hussein/AFP/Getty Images

Previous reports that Harvey Weinstein's involvement with Halston had been terminated were confirmed this morning. The label's remaining investor, Hilco, has reportedly invested $7.5 million in new capital to make up for Weinstein's financial withdrawal, signaling its commitment to the house's survival.

Harvey Weinstein Out at Halston [WWD]

Update: Reports have emerged that Halston's designer, Marios Schwab, has also left the fashion house. His designer-level Halston collection is said to be discontinued, and the label will instead focus on its diffusion line, Halston Heritage (which Sarah Jessica Parker formerly oversaw). Halston won't show a collection for spring 2012, and it's still unconfirmed whether the fall 2011 collection will even be delivered to stores.

Marios Schwab Out at Halston [WWD]
Earlier: Harvey Weinstein Has Supposedly Left Halston, Too
Related: Sarah Jessica Parker Isn’t Working at Halston Heritage Anymore