LONDON — Ralph & Russo, the U.K.-based couture and ready-to-wear brand, has been placed into administration, or bankruptcy protection, blaming the pandemic and subsequent lockdowns for the collapse of the business.
In January, the brand sat out the spring 2021 couture season. It didn’t make a collection, nor did it show as part of the Paris couture schedule, which it usually does.The company said it was hoping to return to the couture calendar in July, and was understood to be looking to revise its membership status with the Chambre Syndicale de la Mode et de la Couture. It had shown as a guest of the organization for the past six years.
The business was founded in 2010 by creative director Tamara Ralph and her professional and life partner Michael Russo. She added that in the last 12 months “we have experienced unprecedented trading conditions throughout the pandemic, which has put a tremendous strain on our business and retailers across the world. In spite of these difficulties, we have continued to serve our customers.”
The brand has stand-alone stores in London, Paris, Dubai, Doha, Monte Carlo and the U.S. It also has a shop-in-shop at Harrods.
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