Kp Fashion Co

Seven months after 16-year-old Russian golden child and fashion designer Kira Plastinina burst onto the U.S. scene with a dozen boutiques bankrolled by her millionaire father, the much-hyped chain has filed for bankruptcy protection and closed most of its American stores. The teen's May debut in the states was meticulously orchestrated, with a publicity spree and a bicoastal pair of glittering launch parties.