Fashion Brand Christopher Kane At Risk of Collapse
British label has been worn by Michelle Obama and the Princess of Wales
Michelle Obama wearing a Christopher Kane dress on Downing Street in London in 2015.
Photographer: Justin Tallis/AFP/Getty Images
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British fashion brand Christopher Kane, whose clothes have been worn by Michelle Obama and the Princess of Wales, is seeking to refinance or find a buyer as it fights for survival.
The retailer, once feted as a sign of British creativity, has warned it could have to enter insolvency proceedings if it cannot find a solution. It has filed a notice of intention to appoint administrators FTS Recovery, according to company filings.