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Betsey Johnson isn't letting bankruptcy rain on her fashion parade!

Despite filing for Chapter 11 in April, the eccentric designer is teaming up with The Levy Group's designer director, Suzi Chin, on a line of dresses that will be unveiled at her retrospective runway presentation next month.

The "solid and printed sexy, flowing" frocks will be relatively affordable, with prices ranging from $99 to $249, once they hit finer retailers' racks in the very near future.

We can't wait to see what BJ has up her sleeve!

[Image via Jeff Grossman/WENN.]

Tags: betsey johnson, betsey johnson bankruptcy, betsey johnson dress line, betsey johnson llc, donald levy, retro dresses, spring dresses, suzi chin, the levy group

Whaaaaa???

Betsey Johnson sent the fashion world into a tizzy on Thursday when news broke that her licensee filed for Chapter 11 bankruptcy.

As a result of the filing, a majority of BJ's 63 stores will shutter starting next month and more than 350 employees are expected to lose their jobs.

Yikes!

Betsey said

Tags: bankruptcy, betsey johnson, betsey johnson bankruptcy, betsey johnson llc, chapter 11, macys, steve madden