Ralph & Russo has today been placed into Administration.
The decision to appoint Administrators has been taken by the Board in order to assist in the restructuring of the business after the retail economy across the world has been badly hit by the financial downturn caused by the COVID-19 pandemic. The aim is to restructure the company to ensure its ongoing success.
Founded in 2010 by Creative Director Tamara Ralph and co-founder Michael Russo, the brand has carved out a unique position in the market to become one of the world’s most exclusive luxury brands. The house is behind some of fashion’s most iconic moments, creating for high-profile clients across the world including international celebrities, royalty and influential women.
It is the intention of all parties that the business will continue to operate throughout the Administration process, and the Company remains fully committed to supporting its incredibly loyal global clientele and staff as it transitions through this period.