Well, the dress has been found ... to be a fake!
The thief who took the gown says he took the dress from Lupita's room at The London after finding the door ajar.
[Image via WENN.]
Shortly after news broke on Thursday, the entire Betsey Johnson design team celebrated getting their pink slips with newly resigned CEO Jon Friedman at a company-wide meeting that quickly turned into a party.
The bankruptcy bash was held in the showroom where the now ex-employees feasted on cupcakes and champagne.
If you're going to go out with a bang it might as well be on the few dimes Betsey has left, right?
[Image via Jeff Grossman/WENN.]