Report
Ralph & Russo Ltd.
3rd Floor Mediaworks
White City
Phone: +4420 3962 2325p:+4420 3962 2325 London, W12 7FP  United Kingdom
Placed into Administration on 3/17/2021
On 3/17/2021, Ralph & Russo Ltd. was Placed into Administration. Paul Appleton of Begbies Traynor Group plc and Andrew Andronikou of Quantuma Advisory Limited were appointed as the Administrators of the Company.

RALPH & RUSSO RESCUE IS THROWN INTO DOUBT


THE rescue of Meghan’s dressmaker has been thrown into turmoil after its co-founder dramatically quit.

Ralph & Russo collapsed into administration in March with £27.8m debts because of the cancellation of glitzy events and alleged financial mismanagement.

Now Tamara Ralph (right), 39, the designer behind Meghan Markle’s £56,000 engagement dress (above), has resigned, according to The Sunday Times. It is a sharp about-turn for Ralph who, following the collapse, said: ‘I would also like to reaffirm my commitment to the brand and taking it to new heights.’

Ralph’s star quality was being relied on to attract bids from super-rich buyers, fashion houses or private equity.

Her exit is likely to lead to a much lower price for the company, or jeopardise the sale completely, putting the firm’s 130 staff out of work and hitting suppliers.

© Daily Mail

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