Problems at Scott's company denied
Reports that fashion designer L'Wren Scott's company was on the verge of shutting down have been denied.
New York-based PR Consulting said that Scott was considering a restructure of her global business, LS Fashion Ltd.
The firm says that while some areas of the business had not yet reached their potential, other parts were successful.
It says the long-term prospects for the business were encouraging.
Accounts filed by LS Fashion Ltd in London show the company had liabilities that exceeded assets by £3.5 million as of December 31, 2012.