Struggling Label Vena Cava Gets a New Investor, Plans Expansion
Good news for Vena Cava fans: The struggling label has found a lifeline.
After reports surfaced last winter that the label had lost a key investor and was laying off employees, things were looking pretty grim. WWD was reporting that the financial state of the company was “drastic” (whatever that means). Today Vena Cava announced their partnership with LF USA, the US subsidiary of Hong Kong-based Li & Fung Limited. Designers Lisa Mayock and Sophie Buhai “will continue to oversee the creative vision for the brand,” a press release reads, “while LF USA will contribute its extensive global resources and deep retail relationships to support the growth of the brand.”
So what does this deal mean for Vena Cava, LF USA, and for us as shoppers?
