default-output-block.skip-main
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Roland Mouret Files For Administration, Shuts Down Carlos Place Store

The London-based couturier is the latest pandemic casualty in the high-end occasion-wear market.
Meghan Markle wore Roland Mouret the night before her wedding to Prince Harry. The brand entered administration this week. Getty.
Meghan Markle wore Roland Mouret the night before her wedding to Prince Harry. The brand entered administration this week. Getty.

The London-based couturier best known for its curve-hugging “Galaxy” dress has entered administration as the market for high-end occasion-wear continues to struggle, BoF has confirmed.

Administrators and movers were seen emptying Roland Mouret’s boutique and headquarters in London’s Mayfair of valuable items Thursday, according to the Daily Mail. Around 50 staff are being let go, WWD reported citing unnamed industry sources.

French-born Mouret’s frocks, known for their body-smoothing structure and often topped with an origami-folded cap sleeve, became celebrity favourites starting with the release of his “Galaxy” silhouette in 2005. Victoria Beckham, Scarlett Johansson, the Duchesses of Cambridge and countless Real Housewives on Bravo have sported the look, which is at once sexy and ladylike.

Mouret made a profit of £950,000 ($1.3 million) on sales of £16 million in 2019, according to the brand’s filing to the U.K. companies register.

But the company took a hefty hit during the pandemic, which put glitzy soirées on hold and saw tourism from wealthy international visitors to London collapse. Sky News and The Sunday Times both published reports earlier this fall that the company was preparing to call in insolvency experts as it struggled to bounce back.

At the same time, Mouret continued to launch new projects, including a short fashion film and activewear line. He told The Financial Times in September he planned to be fashion’s “last man standing.”

Roland Mouret’s collapse follows that of another high-end London couturier, Ralph and Russo, which announced it was entering administration in May.

Representatives for Roland Mouret did not respond to a request for comment. Grosvenor, the brand’s landlord and an investor, declined to comment.

Financial advisory Grant Thornton has been appointed to manage the administration, a person familiar with the matter said. The firm did not immediately respond to a request for comment.

Learn more:

The Fate of Formal Fashion Hangs by a Thread

The pandemic has had profound repercussions across the supply chains of suit makers and formalwear designers.

In This Article

© 2022 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

This week, Ssense said it laid off 138 workers, and MatchesFashion received a $73 million cash injection from its shareholder. From more niche players to giants like Farfetch, the pressure remains high for luxury e-tailers.



Former Estée Lauder executive Raffaella Cornaggia has been named CEO of the unit, which will develop beauty for the French group’s brands, including Bottega Veneta, Balenciaga and Alexander McQueen.



view more

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
How to Build a Profitable DTC Brand
© 2023 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions and Privacy policy.
How to Build a Profitable DTC Brand