Beloved LA Line Funktional Is Not So Finished After All

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Last December, we revealed some watercooler chatter that Funktional was closing its doors. No need to shed a tear for the beloved LA line, because they're simply being re-named to, uh, Re:Named. Designer Jennifer Park isn't calling it quits, either; the label also tells us she's still involved and that there's "no particular reason" for the branding revamp.

To toast their new name, the blogstar-backed brand formerly known as Funktional is hosting a major warehouse sale next weekend. From Thursday, May 29 to Saturday, May 31, outerwear and leather will be priced at $50 and under, while tops, dresses and bottoms will be slashed to $5 to $30 a pop. Learn more deets at the event's Facebook page here.
· Funktional [Official Site]
· Re:Named [Official Site]
· Here's A Peek at Funktional's Futuristic Spring Lookbook [Racked]
· Celeb-Faved Label Funktional is Supposedly Shuttering Soon [Racked]