Rescue of Meghan Markle’s dressmaker thrown into turmoil after co-founder dramatically resigns
The rescue of Meghan’s dressmaker has been thrown into turmoil after its co-founder dramatically quit.
Ralph & Russo collapsed into administration in March with £27.8m debts because of the cancellation of glitzy events and alleged financial mismanagement.
Costly: Ralph & Russo designed Meghan Markle’s £56,000 engagement dress (pictured)
Now Tamara Ralph, 39, the designer behind Meghan Markle’s £56,000 engagement dress, has resigned, according to The Sunday Times.
It is a sharp about-turn for Ralph who, following the collapse, said: ‘I would also like to reaffirm my commitment to the brand and taking it to new heights.’
Ralph’s star quality was being relied on to attract bids from super-rich buyers, fashion houses or private equity.
![Walkout: Tamara Ralph, the designer behind Meghan's engagement dress, has resigned, according to The Sunday Times](https://i2.wp.com/i.dailymail.co.uk/1s/2021/05/09/19/42768404-9559607-image-m-11_1620585534168.jpg?resize=634%2C570&ssl=1)
Walkout: Tamara Ralph, the designer behind Meghan’s engagement dress, has resigned, according to The Sunday Times
Her exit is likely to lead to a much lower price for the company, or jeopardise the sale completely, putting the firm’s 130 staff out of work and hitting suppliers.