Accolade Not Enough To Keep Rochas Afloat

ONLY 1 1/2 months after Rochas designer Olivier Theyskens took out the International Award at the Council of Fashion Designers of America Fashion Awards, it looks as if he will be job hunting. The label's owner, Procter & Gamble, announced last week it would shut down the operation. Rochas, one of a group of historic French fashion houses that has placed young designers at the helm to reinvigorate their brands, has been prospering artistically under the direction of the Brussels-born Theyskens, ...