By  on May 19, 2017
Elton John and Theo Fennell

LONDON — British jeweler Theo Fennell has collapsed into administration, the British equivalent of Chapter 11, the accountancy and business advisory firm BDO confirmed Friday.

The failure of his business is the latest in a string of companies that have shuttered over the past 12 months including Jaeger, Austin Reed and BHS. The struggling Agent Provocateur was purchased earlier this year by Four Marketing.

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