Scott’s business in decent shape: Spokesman

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Scott’s business in decent shape: Spokesman

Scott’s label LS Fashion Ltd reported losses of $5.9 million as of December 31, 2012 according to accounts lodged with Britain’s Companies House in October.

By (AP)

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Published: Sun 23 Mar 2014, 5:21 PM

Last updated: Fri 3 Apr 2015, 5:28 PM

A SPOKESMAN FOR Mick Jagger’s girlfriend L’Wren Scott on Friday hit back at suggestions the designer’s fashion business was in financial trouble before her suicide this week.

Scott’s label LS Fashion Ltd reported losses of $5.9 million as of December 31, 2012 according to accounts lodged with Britain’s Companies House in October.

However a spokesman for Scott insisted the company’s prospects were good. “The figures quoted in the media regarding the financial status of LS Fashion Limited are not only highly misleading and inaccurate but also extremely hurtful and disrespectful to the memory of L’Wren Scott,” he said.

“Ms. Scott was considering a re-structure of her global business... Her business overall was only seven years old and although some areas of the business had not yet reached their potential, other parts of her business were proving successful.”

Scott’s team members said they “strongly object to some of the media’s intrusion into issues that are not only untrue and misleading but also distract from remembering and celebrating her life - the life of a successful, talented, kind, generous and extraordinary woman.”


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