Last week during New York’s annual Fashion Week, Jack Garabedian was seen briefly mingling with designers Vera Wang, Donna Karan, and Tommy Hilfiger.  Reportedly, Hilfiger is interested in acquiring Garabedian’s DiLauro fashion line.

Garabedian plans to open a flagship store on Madison Avenue during the latter half of 2012.  The store will be approximately 6000 sq. ft and will feature three distinct fashion lines including high-end dresses, custom designed mens suits and casual wear.

Sources close the deal say that Garabedian will launch this project solo, without partners.  More details to come.

We will try to get an interview with Garabedian soon to confirm these rumors.

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