83 023
Fashion Jobs
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Norwalk
Permanent · NORWALK
BELK
Store Fulfillment Associate - Full Time
Permanent · FRANKLIN
BELK
Asset Protection Lead - Full Time
Permanent · AUBURN
BELK
Store Fulfillment Associate - Full Time
Permanent · SAVANNAH
BELK
Store Fulfillment Associate - Part Time - Independence Mall
Permanent · WILMINGTON
BELK
Asset Protection Associate - Full Time
Permanent · ROCKY MOUNT
BELK
Store Fulfillment Associate - Part Time - Coastal Grand
Permanent · MYRTLE BEACH
BELK
Store Fulfillment Associate - Full Time - Bridgestreet
Permanent · HUNTSVILLE
BELK
Store Fulfillment Associate - Full Time
Permanent · TUPELO
BELK
Store Fulfillment Associate - Part Time
Permanent · SAVANNAH
BELK
Asset Protection Manager - Triangle
Permanent · RALEIGH
ALO YOGA
Construction Project Manager
Permanent · LOS ANGELES
SUN VALLEY
Sun Valley Marketing Manager
Permanent · SUN VALLEY
LULULEMON
Community Specialist | (Contract) Market Street The Woodlands
Permanent · THE WOODLANDS
LULULEMON
Community Specialist | Orlando Premium Outlet
Permanent · ORLANDO
LULULEMON
Full-Time Community Specialist | Cumberland Mall
Permanent · ATLANTA
KOHLS
Operations Supervisor - Weekend Days
Permanent · PLAINFIELD
KOHLS
Technical Project Manager
Permanent · MENOMONEE FALLS
KOHLS
Loss Prevention Associate
Permanent · FINDLAY
NAVY EXCHANGE
Vending Route Driver (Operations Worker) FT w/Benefits
Permanent · BREMERTON
NAVY EXCHANGE
Asset Protection/Safety Investigator (Detective) FT w/Benefits
Permanent · BREMERTON
URBN
Anthropologie Omni Service Specialist Part-Time
Permanent · NOVI
Published
May 26, 2021
Download
Download the article
Print
Text size

Ralph & Russo rescue in doubt as Tamara Ralph leaves

Published
May 26, 2021

The rescue plan for Ralph & Russo, the upscale eveningwear brand that’s in administration, is now in doubt after co-founder Tamara Ralph’s exit.


Ralph & Russo - Spring-Summer2020 - Haute Couture - Paris - © PixelFormula



Her departure followed news from its administrators that a suitor had dropped out of the running at a very late stage. It seems there had been five bidders with firm offers and the one that dropped out was seen as the strongest prospect. 

It exited only two days before a deal was expected to be struck with Ralph departing the next day. A Companies House filing also said she was in dispute with fellow co-founder Michael Russo.

That happened in early May but the news has only just emerged.

The company had gone under in March with debts approaching £28 million after a year in which the weddings, red carpet events and upscale social occasions on which it relies were cancelled due to lockdowns.

The label’s dresses sell for five-figure sums and are favourites with a number of celebrities. It got a huge global boost following Meghan Markle wearing Ralph & Russo to announce her engagement.

But it’s unclear what the prospects are now give that Ralph & Russo without Ralph is a much less desirable commodity. 

Documents filed at Companies House have suggested the remaining assets could be sold off and one report quoted an insider saying talks with other potential buyers of these assets could conclude this week.

Copyright © 2024 FashionNetwork.com All rights reserved.