Oprah & Tom Cruise's Luxury Stationer Shuts Down
Stationer Mrs. John L. Strong, one of the world's leading boutique luxury brands whose customers included Tom Cruise and Katie Holmes, Vogue editor Anna Wintour, Oprah Winfrey and the Duke and Duchess of Windsor, is shutting down after 80 years. The company has decided to close its Madison Avenue atelier, its boutiques, web site, catalog, wholesale and corporate businesses due to the recession, the Times reports.
Nannette Brown, the company's chief executive and creative director, said that an inability "to finance the business's expansion plans combined with a challenging retail and economic environment, left the company with no alternative but to close." Efforts to sell the company also failed. "This is a sad day for Mrs. John L. Strong," Brown said in a statement, "and a sad day for luxury as the world has become increasingly bereft of unique, hand-finished products." Indeed.
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