A famous luxury British homeware store has announced it will close its doors after more than 50 years in business. Designers Guild plunged into administration following a period of financial uncertainty, meaning both its website and shop on the King’s Road in London will shut down.
Its designs were used by celebrities including Mick Jagger and Joan Collins, and reportedly also loved by the Royal Family. The shop was launched in 1970 by Tricia Guild and became famous for its luxury items, such as fabrics and wall coverings.
Tricia 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.
“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.
“Above all, I am proud of the lasting legacy that Designers Guild Ltd leaves in homes around the world.”
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