Mar 18, 2014
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L'Wren Scott's fashion business had big debts

Mar 18, 2014

LONDON, England - The fashion business of Rolling Stone Mick Jagger's girlfriend L'Wren Scott had large debts at the time of her apparent suicide, according to its latest accounts filed in Britain.

L'Wren Scott

LS Fashion Ltd ran a loss of 4.2 million euros ($5.9 million) as of December 31, 2012, said the accounts lodged with Britain's Companies House last October and obtained by AFP.

The company ran up a loss of 3.0 million euros ($4.1 million) in 2011, the accounts said.

American former model Scott, 49, was found dead in her luxury New York apartment on Monday.

Last month, Scott cancelled her show at London Fashion Week because of production delays, but there had been little public sign that anything more serious was wrong.

Her body-hugging and figure-flattering dresses were loved by Hollywood stars and First Lady Michelle Obama alike.

The Rolling Stones on Tuesday cancelled a gig in Perth, the first date of their sold-out Australian and New Zealand tour, following her death.

Multi-millionaire rocker Jagger, 70, was "completely shocked and devastated", his spokesman said.

Scott launched her own fashion collection, called Little Black Dress, in 2006, and then moved into shoes, handbags and eyewear, as well as collaborating on cosmetics with Lancome in 2010.

Most recently, she collaborated with high-street fashion brand Banana Republic on apparel and accessories for women.

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