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Karen Millen gears up for brand battle Tuesday, 20th March 2012
Photo credit: Karen Millen campaign
Fashion designer Karen Millen is taking to the courts in an effort to reclaim her name.
The Karen Millen brand, which is majority owned by Aurora Fashions, saw its founder lose 7 per cent interest when the holding bank, Kaupthing, collapsed in 2008.
In an interview with the Guardian, Millen stated: “In my opinion it is wrong that a bank can pretend to have money and security which it doesn’t have, generate a false balance sheet and use its own customers to fund acquisition ambitions. This is wrong and I am not going to rest until I have my company restored to me.”
The Karen Millen brand is now controlled by the administrator of Kaupthing and has warned of trademark infringement if Millen herself begins trading under the name ‘Karen’ or ‘KM’.