Rachel Ashwell of Shabby Chic fame has filed for Bankruptcy Protection categorised as Chapter 11 in the United States. How sad. You can read her blog entry
here. I do not know if this is just for her stores or for the merchandise she sells at
Target as well.
I know during these tough economic times there really isn't any company that is safe but I thought there was a real resurgence going on with that kind of decorating and style. I wonder though, as her Shabby Home products were terribly expensive. Perhaps that has bearing on it.
We shall see how much her items increase in value on
ebay.
PS I am without my desktop for a few days while it is in for repair. Posts may be sporadic. But I am reading all of you on my daughter's laptop.
Lisa xo
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