Was L’Wren Scott’s Death Caused By Her Company’s Huge Debt?


It seems like L’Wren Scott’s fashion company was $6 million in debt but she was “embarrassed” to ask her boyfriend, rock star Mick Jagger, for help.

According to Mail Online, after cancelling her London Fashion Week show in January, LS Fashion LTD filed documents declaring $5,899,548 debt.

Furthermore, she owed a sum of $7.641 million to creditors but was “embarrassed” by her crisis to tell anyone about it. Her rock star partner worth $300 million could have fixed the situation but his sweetheart was very proud, according to a source.

Even though her Manhattan apartment is worth $5.6 million, her company crisis was getting worse over the years. In 2009 it was $2,120,015.67 in debt, and in 2010 the debt was $3,063,160.87.

The source also told the Mail Online: “L’Wren was in a lot of financial trouble. She was unable to pay her staff and her suppliers and it had been going on for a very long period of time.”

“She wanted so badly for things to be a success. Whereas she got her outfits on a number of high profile people, the clothes were not a commercial hit and didn’t fly off the shelves. It was a huge burden on her and she didn’t want to fail.”

 Larry Busacca / Getty Images Entertainment

Larry Busacca / Getty Images Entertainment

The source, seemingly close to L’Wren also said, “Everyone was very much left wondering why she didn’t ask Mick for help. But she didn’t. Things were left a long time and she spent the past few months struggling to pay the vast amount of her out goings. It was a tragic situation and she kept it from everyone.”

“Her staff expected the company to go under and her fabric suppliers and tailors were close to ending their working relationship. The bills just weren’t getting paid.”

Moreover, L’Wren never liked to be only referred to as Mick Jagger’s partner, but more for her own talents and skills:

“I’m a fashion designer. I don’t want to be defined as someone’s girlfriend.”


“You always wonder if people will pay attention to the hard work that goes into what you do. And when you’re taking something on your own, it’s your company, your investment – your life.”

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