Rescue of Meghan Markle’s dressmaker thrown into turmoil

by

Rescue of Meghan Markle’s dressmaker thrown into turmoil after co-founder dramatically resigns

By Daily Mail City & Finance Reporter

Published: | Updated:

The rescue of Meghan’s dressmaker has been thrown into turmoil after its co-founder dramatically quit. 

Ralph & Russo collapsed into administration in March with £27.8m debts because of the cancellation of glitzy events and alleged financial mismanagement. 

Costly: Ralph & Russo designed Meghan Markle’s £56,000 engagement dress (pictured)

Now Tamara Ralph, 39, the designer behind Meghan Markle’s £56,000 engagement dress, has resigned, according to The Sunday Times. 

It is a sharp about-turn for Ralph who, following the collapse, said: ‘I would also like to reaffirm my commitment to the brand and taking it to new heights.’ 

Ralph’s star quality was being relied on to attract bids from super-rich buyers, fashion houses or private equity. 

Walkout: Tamara Ralph, the designer behind Meghan's engagement dress, has resigned, according to The Sunday Times

Walkout: Tamara Ralph, the designer behind Meghan’s engagement dress, has resigned, according to The Sunday Times

Her exit is likely to lead to a much lower price for the company, or jeopardise the sale completely, putting the firm’s 130 staff out of work and hitting suppliers. 

Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.