Luella stops trading…WHYYYYY?!
Luella Bartley, the young British designer whose quirky yet feminine designs have adorned model Kate Moss and singer Lily Allen, has become the latest fashion casualty of the recession.
Bartley’s label, Luella, ceased trading after its ready-to-wear producer closed last month and its main financial backer pulled the plug on any further investment, the company said in a statement emailed to Reuters on Wednesday. BOOOOO! This is such bad news…I have a gorgeous little Luella purse and was planning on buying it a sister in the shape of a bag from their AW 09 collection.
VSQ Ltd, which also distributes for Armani, advised Luella that it had decided not to invest further in the label, the statement mentioned.
“This is a very disappointing situation for everyone involved with the brand,” Luella Bartley said.
Well put Luella…we’re all crying into our Luella bags :’(
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