DALLAS, Oct 9, 2009 / FW/ — After unveiling his Spring 2010 collection in Paris this week, Japanese designer Yohji Yamamoto filed for bankruptcy in Tokyo.

Yohji Yamamoto Spring 2010

According to a released statement, the firm listed debts totaling six billion yen, or $67.8 million and cited the prolonged recession as the reason for it financial troubles. The same release said that the company will continue to operate while under bankruptcy protection.

And that is good news to Yohji Yamamoto fans who just loved the Spring 2010 collection which from the looks of it will still reach store shelves in February. Yohji Yamamoto has also reached and agreement with Integral Corp. to provide financing, the company’s French unit said in the statement.

With sportive silhouettes, the Yohji Yamamoto Spring 2010 collection caters to a new generation of fashionistas. Mini pencil skirts and off-the-shoulder double breasted jackets, leather biker jackets with puff sleeves and laser-cut floor length coats, the pieces emit a new kind of cool, which by the way is the same ‘coolness’ factor usually associated with cosplay anime characters.

But, while cosplay anime characters are costume-y, the Yohji Yamamoto designed them to be high fashion.