Kira Officially Kaput
A couple of weeks ago, teen fashion designer (and Russian heiress) Kira Plastinina announced plans to close "most" of her US-based locations, including the hot-pink branch here in NYC. Today we learn it really is the end of the line: After burning through $80 million of the dairy mogul's cash, the company filed for bankruptcy on Wednesday. But we're pretty sure it's the first time that Bloomberg News has reported on a Chapter 7 bankruptcy filing with a quote from a MySpace page. [Bloomberg]