Lindsay Lohan’s Mother Loses Shoe Deal  Lindsay Lohan |
Lindsay Lohan's mother Dina has fallen victim to the global economic downturn - she's lost a lucrative contract with a shoe company.
The family matriarch signed a deal with New York-based manufacturers Lovemyshoes.com last year (09) to launch her own footwear collection and become the face of the company.
But bosses at the firm have revealed plans to create the line, called Shoe-Han, have been scrapped because of financial problems.
A representative for the company tells Fox News, "Love My Shoes regrets to announce we are not moving forward with the Dina Lohan line of shoes at this time due to continued economic sluggishness and the prevalent mood of today’s shoppers. Love My Shoes and its President, Robert Yeganeh, wish Dina continued success in all her projects."
However, a spokesperson for Lohan's shoe line insists Dina is still hopeful of brokering a deal with another firm: "There was a miscommunication over finances, this was too local and we need a larger partner. We are currently exploring other options, and we will have another announcement soon."
