London-based design house Roland Mouret has followed in foot steps of Amanda Wakeley and Ralph & Russo and has entered administration. According to numerous news outlets, including WWD and the Business of Fashion, the high-end label has entered administration and will be making up to 50 members of staff redundant.
The couturier best known for its curve-hugging “Galaxy” dress has entered administration as the market for high-end occasion-wear continues to struggle Administrators and movers were seen emptying Roland Mouret’s boutique and headquarters in London’s Mayfair of valuable items Thursday, according to the Daily Mail.
French-born Mouret’s frocks, known for their body-smoothing structure and often topped with an origami-folded cap sleeve, became celebrity favourites starting with the release of his “Galaxy” silhouette in 2005. Victoria Beckham, Scarlett Johansson, the Duchesses of Cambridge and countless Real Housewives on Bravo have sported the look, which is at once sexy and ladylike.
Pictured: Mouret’s New York Flagship
Mouret made a profit of £950,000 ($1.3 million) on sales of £16 million in 2019, according to the brand’s filing to the U.K. companies register.