Scott was planning to shut failing fashion firm
L'WREN SCOTT had decided to shut her debt-ridden fashion business and had told aides that she would announce the move this week.
After spending a week on her own at the Mustique holiday home of Mick Jagger, her boyfriend, she returned to New York and confided in friends that her couture brand was no longer financially viable. LS Fashion Ltd was running at a loss of €4.18m, and although Jagger had given the firm financial support, Scott had decided there was no point in it continuing. She hanged herself in her apartment on Monday before any announcement had been made.
Cathy Horyn, the outgoing fashion editor of 'The New York Times' and a long-standing friend of Scott, said that "she was planning to close her business, with an announcement due (yesterday)". She added that friends who saw her the night before her death were "deeply concerned" about her state of mind, but "didn't think she would do something so desperate".
Jagger (70) remains in Perth, where he is so distraught by the suicide of his partner of 13 years that he cannot yet contemplate flying to New York to help organise her funeral.
The Rolling Stones have cancelled a tour of Australia and New Zealand, although speculation that the band might now split up was "rubbish", sources said. They will play at a rock festival in Holland in the summer and have other concerts coming up in Europe. (© Daily Telegraph, London)