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Everything is Fine at Yohji Yamamoto

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It looks like everything will be OK over at Yohji Yamamoto. He filed for bankruptcy protection on Friday, but was rescued right away by Japanese private equity fund Integral Corp. In a press conference, Yamamoto said the trouble came about because the people who ran the business end of the company would only tell him the good things, not the "$68 million in liabilities" things. Under the new deal, Yamamoto will continue to show in Paris and retain a minority stake in the company. Integral will maintain the current CEO and name a new chairman of the board. [WWD; Previously]