ICSM NEWS: High-end luxury store is widely reported as being on the brink of appointing administrators

Fashion insolvencies
The Covid-19 lockdowns that forced many businesses to close appears to have claimed another victim in the fashion store Roland Mouret based in London’s West End. The high-end luxury store is widely reported as being on the brink of appointing administrators.

The Sunday Times reported Roland Mouret filed the notice due to the slump in sales of their designer dresses. Roland Mouret is owned by designer Roland Mouret and businessman Simon Fuller and their landlord Grosvenor Estates. Other fashion stores killed off by the lockdowns and a switch to online shopping include Laura Ashley, Debenhams, Jaeger, Ralph & Russo and Oasis.

About ICSM Credit

ICSM Credit has more than four decades of experience as a credit intelligence group whose members gain inside information about firms in trouble allowing them to avoid bad debts and rogue traders. To join costs less than a tank of fuel - while at the moment there's a special free temporary membership offer during the Covid-19 crisis which gives access to free legal letters. ICSM also has an effective debt collecting service which has a global reach - ask for details from Paul.

For details about ICSM Credit call 0844 854 1850 or visit the website www.icsmcredit.com or email Ian at Ian.carrotte@icsmcredit.com on how to subscribe and to join the UK’s credit intelligence network to avoid bad debts and late payers. Follow ICSM Credit on FaceBook, Twitter and YouTube and Ian Carrotte on LinkedIn.

To keep up to date subscribe to the FREE ICSM Credit Newsletter to hear all the latest insolvency news and to see who has gone out of business click on the orange panel on the top left of the home page of the website www.icsmcredit.com or send an email to Ian.carrotte@icsmcredit.com

For details for the work of the journalist Harry Mottram visit www.harrymottram.co.uk