Jean Muir fashion house to wind down
Label of famous designer Jean Muir to wind down, unless an investor comes forward at the last minute, says her husband
The fashion house of
Jean Muir
, the designer famed for her Jersey dresses, will be wound down.
Jean Muir Limited has entered into a company voluntary arrangement with its
creditors, handled by accounting firm
Harris
Lipman , which will trade stock of its final collection for
spring/summer 2007.
Muir’s husband Harry Leukert said: ‘It is with great regret and sadness that
I am making this announcement. For the past decade I have enjoyed watching a
great team continue the work of Jean Muir and I am pleased with the exceptional
success of our own shop. But there comes a time when a company needs to grow and
for us I felt we should take the retail route based on the success of the
Conduit Street shop. This, of course, requires substantial outside investment
and as we have not been able to come to any agreement with interested parties,
we have decided on the current course of action.’
‘Having looked closely at the company we felt a CVA was the best route for
all involved, however, it may be the case that as the proceedings progress a
buyer will come forward,’ said Harris Lipman partner
Martin
Atkins .
Muir, who was awarded the French title ‘La Reine de la Robe’, died in 1995.
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