- Charlene, a Monaco figure, is noted for consistently choosing Elie Saab, targeting the high-end luxury market in Monaco.
- Royal traditions in Monaco are leveraging the principality's status to promote the visibility of high-end luxury brands.
Luxury Homeware Brand Designers Guild Enters Administration After 56 Years
What happened
Designers Guild, a luxury homeware brand, announced its closure after entering administration. The company, which specialized in luxury furnishing fabrics, wallcoverings, and upholstery, had been founded in 1970 by Tricia Guild and her brother Simon Jeffreys. Designers Guild acted as the exclusive licensee for Royal Collection Fabrics and Wallpapers, providing access to royal properties such as Windsor Castle.
From witneygazette.co.uk
Why it matters
The administration follows market challenges faced by the company. The brand, which had flagship stores in London (King’s Road), Paris, Munich, and Stockholm, has ceased operations.
Royal traditions in Monaco are leveraging the principality's status to promote the visibility of high-end luxury brands.
From witneygazette.co.uk