Is Vera Wang’s Separation Bad for Business?

Courtesy of Fashionista

According to WWD, Vera Wang and her husband Arthur Becker has filed for separation after a little over 20 years. Wang hasn’t made any comment however, the company president Mario Grauso said the couple “mutually and amicably agreed to separate,” and that “they remain devoted parents to their two daughters.”

Becker is known to have advised Wang in business matters, assisted in taking Wang from a one shop bridal boutique to a global multimillion-dollar company. According to WWD, Becker encouraged Wang  to take her brand mainstream. He even stepped down as CEO of NaviSite in 2010, and became involved in the day to day operations of Vera Wang.

Becker is a huge part in this company. So what happens to the business of Vera Wang the label? Well, nothing! A close friend told WWD , “They will not let this impact the running of the company,” the friend said. “They have worked too hard to build it up.” I hope this doesn’t turn ugly like Tory and Chris Burch but we’ll see. [Fashionista, WWD]

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