L'Wren Scott's business debt runs deeper than anticipated

2014-10-08 17:00
 
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Los Angeles - L'Wren Scott's business has debts £2 million higher than previously thought, new figures confirm.

The 49-year-old girlfriend of Sir Mick Jagger hanged herself in her New York apartment in March this year and the latest report from LS Fashion serves to underline the depths of its financial woes, which is said to have caused the stylist and fashion designer considerable embarrassment.

Despite this, the company intends to continue to operate, with the report explaining: "The shareholder will continue to support it and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future."

Earlier this month, Jerry Hall said she is worried about her ex-husband Sir Mick Jagger following L'Wren Scott's death.

Hall, 58, admitted it will be "very difficult" for Jagger, 71, to continue with his band's tour of Australia, which was postponed after his girlfriend took her own life.

She told the Daily Mail Weekend magazine: "That's going to be very difficult for him. What a tragedy. She was such a lovely girl and really talented."

"I guess it's a moment of insanity when people do something like that, isn't it? I don't think anyone saw it coming. It was completely out of the blue."

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