Rock and Republic Bankrupt
oh dear…
The once upon a time hottest jean maker, Rock and Republic filed for bankruptcy yesterday. They once were the jeans to have if you were a girl, mostly made famous by Victoria Beckham, who had her own trademark pair which sold like hotcakes, as did other ranges in 2006-07.
Now, only a few years down the line, they are going broke. In times of recession it seems not many people are thinking of buying £300 jeans, R&R tried to get round this with a “recession style” line, offering cheaper products. But this hasnt helped, and now Rock and Republic may be no more.
How can a company selling large volumes of high end jeans go bankrupt so fast!?
They are still selling them, but it could be a matter of time before they go completely
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