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Originally scheduled to debut February 1-7, the revival of Los Angeles Fashion Week has now been postponed to 2012 by organizers Fashion Los Angeles. "We're postponing until 2012 to work on building up sponsorship and fashion-presentation-ready designers," Fashion Los Angeles co-founder and Chief Executive Michael Venedicto told the LA Times. The group had originally hoped to raise $1.5 million in sponsorship for the event but has failed to meet this goal.
· Fashion Los Angeles postpones Inaugural fashion week even until 2012 [LAT]