Thursday, September 3rd16.1°C
27106
26015

Rollign Stones cancel show after death of L'Wren Scott; fashion designer's firm had big debts

LONDON - The Rolling Stones have cancelled the first date on their Australian tour after the death of fashion designer L'Wren Scott, Mick Jagger's girlfriend.

The designer, whose company was heavily in debt, was found dead in her New York apartment Monday in an apparent suicide.

Concert organizer Frontier Touring said Tuesday that a Stones show scheduled for Wednesday in Perth, Western Australia, would not go ahead. There was no immediate word on future dates on the tour, including a Saturday concert in Adelaide.

Jagger's representative said the singer was "completely shocked and devastated by the news" of Scott's death.

Accounts filed by Scott's LS Fashion Ltd. in London show the company had liabilities that exceeded assets by 4.24 million euros ($5.9 million) as of Dec. 31, 2012.

The company's long and short-term debts totalled 6.75 million euros against assets, capital and reserves of 2.51 million euros, according to the accounts, which were filed in October.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX13613.87+68.62
S&P CDNX552.66+2.61
DJIA16391.33+39.95
Nasdaq4748.86-1.12
S&P 5001954.34+5.48
CDN Dollar0.7579+0.0042
Gold1123.60-8.90
Oil46.76+0.51
Lumber232.90-1.10
Natural Gas2.729+0.081

 
Okanagan Companies
Pacific Safety0.205-0.015
Knighthawk0.010.00
QHR Technologies Inc1.22+0.03
Cantex0.04-0.01
Anavex Life Sciences1.13-0.12
Metalex Ventures0.05-0.00
Russel Metals21.00+0.13
Copper Mountain Mining0.61+0.00
Colorado Resources0.075-0.010
ReliaBrand Inc0.0045+0.0005
Sunrise Resources Ltd0.02+0.00
Mission Ready Services0.08-0.01
Decisive Dividend Corp2.43-0.19

 



26873

FEATURED Property
17933704 - 901 Westside Road, Kelowna, BC
10091970 bedrooms
$899,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Where does the money go?

Photo: Thinkstock.comOne of the major components of business relationships that involve money are the fees in the investment industry. There is currently a quiet battle being waged between the practit...


Agree to ask questions

Photo: Thinkstock.comThe STORY: I think, said Janet to herself, that I just figured out a solution to my problem of letting the prospect run the meeting.With that thought in mind, she got out of her c...


Your business is not a bank

Photo: Thinkstock.comYour plumbing business is not a bank. But when you are giving terms to customers that exceed what you get from your suppliers, you become one. And every time that someone does not...

_








Member of BC Press Council


26706