This just in from the so-called Lifestyle Fashion Terminal down in Victory Park concerning its immediate demise, courtesy something formerly called "the economy":
As of Friday, November 21, LFT will begin the liquidation process of the store in Victory Park. “Due primarily to the current state of the economy and a yet to mature trade area, we have reluctantly decided to close our doors,” [says] LFT owner, Ort Varona. LFT, as it is now known, cannot sustain the high level quality product we provide along with the personalized customer service that our loyal patrons have come to know. We are deeply saddened to see the doors close after a successful 20 month run. We would like to take this opportunity to thank each and every one of you who made this store a great success.
“We are fortunate to have had the opportunity to serve Dallas and will continue to support any effort to create a better community,” [says] Ort Varona.
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Its outta-business sale hours will be 11 a.m. till 8 p.m. Monday through Saturday and 1 p.m. till 6 p.m. Sundays till everything's gone. In the short term, it's good news for label-conscious consumers craving something by James Perse or Cynthia Vincent, especially at this (formerly) most wonderful time of the year, but this is big, bad news -- because LFT's demise means Victory Park's soon to be stuck with 30,000 square feet of empty. --Robert Wilonsky