PR Consulting, which represents Scott and her company, LS
Fashion Limited, said in a statement on Friday that financial
figures about her firm reported in the media were "misleading
"Her business overall was only seven years old and although some
areas of the business had not yet reached their potential, other
parts of her business were proving successful," the statement
"Ms. Scott was considering a re-structure of her global
Although company accounts filed last October in London showed
the firm reported a loss of 4.3 million euros ($5.99 million) in
2012, an increase from a 3.0 million euro loss the previous
year, her representatives said the long-term prospects were
"The parent company of LS Fashion Limited based in America had
made a standard loan investment to the UK subsidiary. LS Fashion
Limited is fully able to meet the company's liabilities and pay
all suppliers and customers," it added.
Scott, 49, who was the girlfriend of Rolling Stones singer Mick
Jagger, was found dead in her high-rise apartment in Manhattan's
upscale Chelsea neighborhood on Monday. The medical examiner's
office ruled that the former fashion model and stylist had
committed suicide by hanging.
No details about funeral arrangements have been released.
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Scott and Jagger had been together since 2001. The Rolling Stones
postponed seven concerts in Australia and New Zealand, part of a
world tour, following news of her death.
Scott's fashions, with their sleek, sexy silhouettes, have been worn
by Hollywood stars such as Amy Adams and Nicole Kidman, who was her
friend, and First Lady Michelle Obama.
American fashion critic Cathy Horyn, a friend of Scott's, said
earlier this week in the New York Times that the designer had
planned to close her business.
Members of Scott's team said they had lost a great friend and an
"We are grieving privately and whilst we appreciate the incredible
tributes that have been paid in the media by those who knew L'Wren,
we strongly object to some of the media's intrusion into issues that
are not only untrue and misleading," they said in a statement.
"We ask that our privacy and that of L'Wren's family and close
friends be respected at this difficult time," they added.
Scott's representatives said no further statements would be made for
the time being.
(Reporting by Patricia Reaney; editing by Eric Kelsey and Richard
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