Firm downplays problems at L'Wren Scott's company

Tools
  • Print
  • 0 Comments
By AP

Created:

Updated: Sat, 22 Mar 2014 01:15:22 EST

NEW YORK (AP) — A public relations firm that focuses on the fashion and beauty industries is denying reports that fashion designer L'Wren Scott's company was on the verge of shutting down.

The 49-year-old longtime girlfriend of Rolling Stones frontman Mick Jagger was found dead in her Manhattan apartment Monday. Authorities say she committed suicide.

New York-based PR Consulting says in a statement Friday that Scott was considering a restructure of her global business, LS Fashion Ltd.

The firm says that while some areas of the business had not yet reached their potential, other parts were successful. It says the long-term prospects for the business were encouraging.

Accounts filed by LS Fashion Ltd. in London show the company had liabilities that exceeded assets by 4.24 million euros ($5.9 million) as of Dec. 31, 2012.

What's on WGXA

What's On Now

7:30 PM - 2014 MLB World Series

What's On Next

11:00 PM - WGXA News @ 10pm

Tonight

7:30 PM 2014 MLB World Series

What's On Now

9:00 PM - Marvel's Agents of S.H.I.E.L.D.

What's On Next

10:00 PM - Forever

Tonight

8:00 PM Selfie

8:30 PM Manhattan Love Story

9:00 PM Marvel's Agents of S.H.I.E.L.D.

10:00 PM Forever