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Mike & Chris, Safe for Now

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As their presence at a current NYC sample sale would suggest, Cali sportwear label Mike & Chris hasn't gone under. WWD reports that to keep afloat, they've signed a licensing agreement with Green Mochi, a company "which holds equal partnerships in contemporary label Twelfth Street by Cynthia Vincent and A.L.C., the fashion line launched for next spring by celebrity stylist Andrea Lieberman...As part of the deal, Mike & Chris will consolidate its New York and Los Angeles showrooms with Twelfth Street’s." [WWD, subscription req; Previously]