Designers Guild, the luxury homeware retailer, has entered administration after more than 50 years in business, leading to the closure of both its website and its shop on the King's Road in London.
The company, launched in 1970 by Tricia Guild, became known for luxury items including fabrics and wall coverings. Its designs were used by celebrities such as Mick Jagger and Joan Collins, and were reportedly also loved by the Royal Family.
Founder's statement on closure
Tricia Guild and her brother and CEO Simon Jeffries said: "Designers Guild Ltd has been so much more than a business to me. It is my passion and my life’s work.
"The brand was built over decades with an unswerving belief in the power of creative design and a constant striving to achieve only the very best.
"Together we created and developed the idea of lifestyle, year after year seeking to bring into existence the most beautiful designs possible."
Legacy and memories
They added: "While we are closing the business, we hope the many positive and happy memories will be the ones that stay with us.
"The gorgeous fabrics, wonderful interiors, photo shoots in the most inspiring places around the world, daring and successful product launches, the opening of showrooms in Paris, Munich and Stockholm, the gradual growth and development of the King’s Road store.
"But most importantly, the many lovely times spent with colleagues, suppliers, clients and friends over the years, and the thought that, in some small way, I have brought colour into people’s lives."
Guild concluded: "Above all, I am proud of the lasting legacy that Designers Guild Ltd leaves in homes around the world."
