InfoAnda - British designer Luella Bartley stops trading

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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Asia Pacific World British designer Luella Bartley stops trading By GREGORY KATZ,Associated Press Writer - Wednesday, November 11 Send IM Story Print LONDON – Acclaimed British fashion designer Luella Bartley said Tuesday that her company has stopped trading because of financial problems. The company, Luella Bartley Ltd., lost its financial backing from VSQ Ltd. It was also hit by the closure last month of the brand's ready-to-wear producer in Italy, leaving it unable to fill its orders for the upcoming spring and summer seasons. The announcement is a major setback for the brand known as Luella, which has received widespread praise from critics and buyers alike since it was founded in 1999 by Bartley, a former Vogue journalist with a youthful design touch. Bartley said she hoped to revive the Luella brand despite the financial setbacks. "This is a very disappointing situation for everyone involved with the brand," she said in a statement. "It is upsetting not to be able to protect jobs in this difficult economic climate." She said she is studying various way to keep the ready-to-wear and accessories businesses going in some form. "We have a number of options open to us and are considering these over the coming months," Bartley said. Bartley has enjoyed success with numerous catwalk shows in London and New York, winning over a number of influential editors and pop stars, including Lily Allen and Kate Nash. Actresses including Gwenyth Paltrow and Sienna Miller are also fans. She is known for her playful use of bright colors, her "Gisele" handbags, and the fanciful names she gives her shows _ her first was called "Daddy, I Want a Pony" and staged in a friend's apartment. Bartley's London Fashion Week debut in 2000 was titled "Daddy, Who Were the Clash?" The statement indicated she and her design team will work as creative consultants to Liberty, helping with the landmark store's Christmas windows and store decorations. Recommend Send IM Story Print Related Articles US-ENTERTAINMENT Summary Reuters - 2 hours 5 minutes ago Houser makes leap from honky tonks to red carpet AP - 2 hours 21 minutes ago Denzel Washington set for 'Fences' on Broadway AP - 2 hours 38 minutes ago Review: 'Modern Warfare 2' has combat, weak story AP - Wednesday, November 11 Unusual 17th century play critical of men sold AP - Wednesday, November 11 News Search Top Stories Emerging markets to spearhead recovery: HSBC British bank Lloyds says to cut 5,000 jobs Maclaren buggies recalled in US over 'lost fingers' Barclays says profits slump as bad debts mount Google buys mobile ad firm in 750-mln-dollar deal More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Britney 'upset' over Aussie lip-synching row: promoter Kraft Foods launches hostile Cadbury bid Google buys mobile ad firm in 750-mln-dollar deal Maclaren buggies recalled in US over 'lost fingers' Women deprived of health care at key times in life: WHO More Most Viewed » Somali centenarian weds 17-year-old Mobile phone giant Nokia sues Apple over patents Fibre may keep asthma, diabetes at bay, study finds More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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