Terrible. Why wouldn't they sell the company rather than close down? Seems so abrupt. Free Spirit was one of my favorites.
The Kaffe lines have been reprinted and reprinted... same with some of Amy Butler. They are the only ones I know of that you still see the same fabric in the stores from years ago. I think longer than two years is a mistake. As beautiful as they are, I'm tired of them.
I hope their well known and successful designers will be picked up quickly by other companies.