
Tamara Ralph and Candy Ventures settles legal case brought by the major Ralph & Russo creditor
, designer and one half of ex-top British couture duo Ralph & Russo, has settled a legal dispute with Candy Ventures that was owed over £15 million by her failed former Ralph & Russo business.
See catwalk
It comes shortly after her former label again filed for administration with the owners who bought it in 2021 appearing to have thrown in the towel
The fashion house with which Ralph was still involved collapsed four years ago and The Times reported that Candy Ventures launched a legal claim against her over a loan it had made to the firm she founded with Michael Russo.
Candy was its largest creditor and claimed she'd misused company funds for personal expenses, an allegation she strongly denied.
The case was due to reach the High Court, but as is often the case, the parties have agreed a confidential settlement. Neither side has commented on this.
Ralph has launched a new fashion business under her own name which — like Ralph & Russo before it — has been proving popular for red carpet events.
As for the Ralph & Russo brand, that was acquired out of administration in July 2021 by US-based Retail Ecommerce Ventures. But its bold ambitions for the label appear to have come to nothing with administrators at RSM appointed late last month.
But with Tamara Ralph's current celebrity success, it's clear that interest in the ultra-glam look for which she is currently and Ralph & Russo had been known is in high demand.
That was also underlined earlier this year when there was intense interest in an auction sale of the couture archive of Ralph & Russo at Bonhams.
Featuring 120 lots, it was the first time such a large number of dresses from the label's archives were available. Hot pieces included dresses worn on the red carpet by Angelina Jolie, Anne Hathaway, Zendaya and Kylie Jenner.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

LeMonde
an hour ago
- LeMonde
'The Day of The Jackal' author Frederick Forsyth dies aged 86
British thriller writer Frederick Forsyth, the author of The Day of The Jackal, has died at the age of 86, his literary agents Curtis Brown said on Monday, June 9. "We mourn the passing of one of the world's greatest thriller writers," his agent Jonathan Lloyd said. Forsyth died at home on Monday morning surrounded by his family following a brief illness, according to Curtis Brown. "Only a few weeks ago I sat with him as we watched a new and moving documentary of his life ... and was reminded of an extraordinary life, well lived," said Lloyd. "After serving as one of the youngest ever RAF pilots, he turned to journalism, using his gift for languages in German, French and Russian to become a foreign correspondent in Biafra (in Nigeria)," Lloyd said. "Appalled at what he saw and using his experience during a stint as a secret service agent, he wrote his first and perhaps most famous novel, The Day Of The Jackal, and instantly became a global best-selling author," he added. A pilot who turned to writing to clear his debts, Forsyth penned more than 25 novels, including 20 spy novels, often drawing on real-life experiences and selling 70 million copies worldwide. Forsyth honed a distinctive style of deeply researched and precise espionage thrillers involving power games between mercenaries, spies and scoundrels. For inspiration, he drew on his own globe-trotting life, including an early stint as a foreign correspondent and assisting Britain's spy service on missions in Nigeria, South Africa, and the former East Germany and Rhodesia. "The research was the big parallel: as a foreign correspondent you are probing, asking questions, trying to find out what's going on, and probably being lied to," he told The Bookseller magazine in 2015. "Working on a novel is much the same... essentially it's a very extended report about something that never happened – but might have." 'Stony broke as usual' He wrote his first novel when he was 31, on a break from reporting and in dire need of money to fund his wanderlust. Having returned "from an African war, and stony broke as usual, with no job and no chance of one, I hit on the idea of writing a novel to clear my debts," he said in his autobiography The Outsider: My Life in Intrigue published in 2015. "There are several ways of making quick money, but in the general list, writing a novel rates well below robbing a bank." But Forsyth's foray came good. Taking just 35 days to pen The Day of the Jackal, his story of a fictional assassination attempt on French president Charles de Gaulle by right-wing extremists, met immediate success when it appeared in 1971. The novel was later turned into a film and provided self-styled revolutionary Carlos the Jackal with his nickname. Forsyth went on to write a string of bestsellers including The Odessa File (1972) and The Dogs of War (1974).


Fashion Network
an hour ago
- Fashion Network
GGZ strengthens portfolio with Grifoni acquisition
GGZ — the Padua-based company that owns the Vicolo, Solotre, and Amaranto brands — has acquired 100% of Grifoni, a Venetian brand founded in 1992, and has created a dedicated business unit. The company aims to enrich its high-end segment offering with this acquisition. "With this operation, we are not only expanding business opportunities but also laying the foundations for an evolution that will integrate new partners throughout the supply chain. We want to strengthen our capacity for innovation and consolidate our leadership across various market segments," said Massimo Zanchi, CEO of GGZ. "Grifoni has enormous potential. The path will be gradual, but this acquisition adds a complementary dimension to our current assets. This is an important investment that focuses on the brand's vision, talent, and identity." The new ownership will present the first collection designed by Grifoni for Spring/Summer 2026. The relaunch will also revise the brand's identity to project a more contemporary aesthetic consistent with its future positioning, while respecting its DNA. The sales strategy will include internationalization and optimization of the wholesale network. In 2024, GGZ recorded total sales of 82 million euros and achieved an export share of 38%.


Fashion Network
4 hours ago
- Fashion Network
South African clothing retailers add stores as economic forecast weakens
'There is a level of retail saturation in South Africa and when economic growth is so weak, there's limited scope for organic space growth,' said Atiyyah Vawda, an executive director at Avior Capital Markets in Johannesburg. 'So new growth comes from brands they recently acquired and under-penetrated brands that do not have sufficient exposure in particular areas.' Still, retailers have slowed space growth compared to a year ago and carefully evaluate new openings to ensure sufficient returns, Vawda said. 'A huge amount of development is taking place outside of major metro areas in the country,' TFG Chief Executive Officer Anthony Thunström said in an interview Friday. In these areas, 'there's a massive informal economy and a lot of its cash often isn't really measured in official GDP numbers.' Retailers remain selective about store expansion and may open fewer outlets. 'We don't want to get sucked into a space race,' Mr Price CEO Mark Blair told reporters. 'It's not just growth, it's quality space,' that meets strict profitability criteria. Blair said last year, the Durban-based company rejected up to 70% of the locations offered. Clothing retailers account for three of the five worst-performing stocks on the FTSE/JSE Retailers Index this year, with building material retailers occupying the other two spots. Shoppers seeking T-shirts and shoes that fit their budgets are also increasing their online purchases. Almost 6% of TFG's local sales come through its online Bash platform, and the company expects that share to nearly double over the next two or three years. This trend may also temper the growth of full retail outlets, as more orders ship from large distribution centers and so-called dark stores. 'That stock doesn't necessarily have to sit in fully lit stores anymore,' Thunström said. 'We can make it more efficient.' TFG's online unit recently became profitable, about two years ahead of schedule.