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Paris fashion label Y/Project is shutting down after 14 years in business.
The news follows a tough year for the buzzy, yet financially fragile brand. The company was placed in receivership in September following the death of owner Gilles Elalouf last June.
Creative director Glenn Martens and chief executive Pascal Conte-Jodra both exited the brand as it struggled to find a buyer, and was forced to scrap its September runway show amid cash flow issues.
Local fans turned out in force for recent…
