The company will continue to trade while administrators at Begbies Traynor and Quantuma Advisory look for buyers.
The British fashion house has been wrestling with lost sales from the pandemic and is in a legal dispute with one of its investors, Candy Ventures.
The first swimwear and beachwear capsule will be in stores in April but six pieces will be unveiled during the Ralph & Russo spring 2021 show.
The initiative, created by celebrity stylist Elizabeth Stewart, begins May 17.
The sound designer and musicians is also releasing her new album “Stars Aligned” on Dec. 6.
Have influencers overstayed their welcome at the couture shows? A new survey shows brands’ owned social
channels are trending ahead.
Michael Russo said the partnership will support long-term growth plans.