Vivienne Westwood, the grande dame of rebellious British fashion, is still on trend after more than 40 years in the business. Her company is back in the black after posting a loss last year as a result of tax bills.
Profit for 2011 was £435,292 after a loss of £610,275 the year before. Turnover for the period rose 7.1% to £25.5m while gross profit rocketed 39% to £10.3m from £7.4m the previous year.
Dame Vivienne, famed for her punk designs, high heels, bustles and bustiers, had to settle a tax bill in 2010 after it was found her UK business had been selling her clothing around the world without permission.
Her fashion faux pas led to a bill of £348,463 plus interest of £144,112.Reuse content