TALK OF THE TOWN: Stella McCartney's set to give up her Bond Street flagship as losses mount

New Photo - TALK OF THE TOWN: Stella McCartney's set to give up her Bond Street flagship as losses mount

It's no secret that Stella McCartney's eponymous fashion brand has been haemorrhaging money in recent years. And now I hear the designer is to give up the lease on her beloved flagship Bond Street store – nine years before it expires – as she attempts to stem the losses. The news comes after the company's most recent accounts showed her empire is losing £25 million a year. Sir Paul McCartney's daughter, right, chose 23 Old Bond Street as her Central London showcase in 2014 and has fitted it out lavishly over the years, including installing a 'Stella-vator' – a lift lined with pink faux fur.

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