We have been waiting on Tom Ford since he left Gucci and YSL back in 2004. We understand that no specific date has been set, but sources say that fall 2010 could be possible. Domenico De Sole, Ford's longtime business partner, is hunting for financing for the ladies' line. “Financing is extremely expensive right now, so if we find financing in the right situation we’ll be able to start soon. If we don’t, we may have to wait a while,” Ford said. De Sole would not say how much they're seeking, but it's said to be around $50 million. Ford added that once he gets the money, he'll need eighteen months to get the line off the ground so he can find factories and get the stores ready.
Wednesday, October 21, 2009
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