Dame Vivienne Westwood made £84,000 a day the year she died
Dame Vivienne Westwood made £84,000 a day in the year she died.
The fashion icon, whose firm employs around 300 staff, died on December 29 in 2022 aged 81, and new accounts for the company show her self-named label recently banked profits of £30.6 million on revenues of £100 million.
Her punk-inspired brand also doubled its assets to £60 million, with seven in 10 sales of her dresses, shoes and bags being made in the UK, The Sun has reported after obtaining the documents.
Two weeks before her death, fashion designer and punk pioneer Vivienne had appointed her friend and company design chief Jeff Banks, 80, to co-director of her firm.
The dame is famed for dressing many of the world’s A-listers and royals and started her company from a single design desk at Sex Pistols manager Malcolm McLaren’s fashion store in London – before creating a global label with stores in France, Italy, the US and Asia.
The accounts emerged after it was reported the Vivienne Westwood fashion house has cut office hours to two days a week in a bid to hit net zero targets.
Vivienne was also an outspoken climate change activist, and the firm said staff at its offices in Battersea, south west London, had been told to work from home on most days as part of an energy-efficiency drive.
The company also said it was urging customers to buy less “to raise awareness of the environmental impact of overconsumption”.
In company filings, the fashion house said: “We have implemented hybrid working, with staff working from home three days a week.
“The brand voice is used to raise awareness of the environmental impact of overconsumption urging people to buy less and buy better quality items.”