New York, NY (PRWEB) July 22, 2009
Phat Fashions President and Creative Director, Kimora Lee Simmons, issues a statement in response to the rising financial concerns regarding Phat Fashions' parent company, Kellwood Co.
"As has been recently reported in the press, Kellwood Company is exploring a number of opportunities to strengthen the company's financial position, including a possible restructure.
"Whatever course that Kellwood should take, I want to ensure my consumers and supporters that this will have no effect on our Phat Fashions business which includes Baby Phat, Phat Farm, and Fabulosity brands, and all of their respective categories. All of Phat Fashions products, including Baby Phat apparel are licensed and manufactured by separate companies operating as licensees, not Kellwood Company, and therefore are operated as independent entities. Therefore, Kellwood's actions will have no impact on the manufacturing and delivery of our goods. We will continue to take fashion to new heights and provide the same fabulous products for a glamorous lifestyle. All of our businesses remain strong and Baby Phat has recently expanded internationally into over 100 territories. I am, as always dedicated to bringing confidence, beauty and fashion to women all over the world. It's still the same sexy, sassy and stylish brand that you have known for the past 15 years." - Kimora Lee Simmons, Phat Fashions President and Creative Director.