Firm says long-term financial prospects for L'Wren Scott's company were 'encouraging'
NEW YORK, N.Y. - A public relations firm that focuses on the fashion and beauty industries is denying reports that fashion designer L'Wren Scott's company was on the verge of shutting down.
The 49-year-old longtime girlfriend of Rolling Stones frontman Mick Jagger was found dead in her Manhattan apartment Monday. Authorities say she committed suicide.
New York-based PR Consulting says in a statement Friday that Scott was considering a restructure of her global business, LS Fashion Ltd.
The firm says that while some areas of the business had not yet reached their potential, other parts were successful. It says the long-term prospects for the business were encouraging.
Accounts filed by 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.
Read more Business News
- Skeet range takes flackCentral Okanagan - 5:00 am
- No use for new taxi charge?Kelowna - 5:00 am
- PIB backtracks on BoonstockPenticton / S. Okanagan
- Search on for missing hikerCentral Okanagan - 7:30 am
|QHR Technologies Inc||1.20||0.00|
|Anavex Life Sciences||0.26||-0.0075|
|Copper Mountain Mining||2.84||-0.02|
|Sunrise Resources Ltd||0.035||+0.015|
|Mission Ready Services||0.165||+0.01|
Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...
The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...
Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...