Peter Pilotto and Christopher de Vos are reportedly putting their Peter Pilotto business on hold.
The designers, who co-founded the London-based label in 2007, have reportedly filed paperwork to have the brand's holding company, Pilotto De Vos Ltd., removed from the Companies House database, the official register of U.K. businesses, which means it will cease to exist, according to WWD.
A source close to the label told the publication the duo has "decided to take a break and pause the Peter Pilotto brand. The plan is to take some time to reassess the future of the brand, its structure, business models and operations."
The designers have not made an official comment on the report, but the insider added that an announcement will be made once a decision about the future of the company has been finalised.
Members from the Peter Pilotto design team were reportedly laid off late last year and a pop-up shop, which was due to remain open in London's Mayfair district until May, has closed. The duo also didn't present a fall/winter 2020 runway show this month.
Following the brand's launch in 2007, Pilotto and de Vos made a name for themselves with their bright prints and colourful patterns. Their career highlights include scooping the 2014 British Fashion Council/Vogue Designer Fashion Fund and designing the wedding dress for Princess Eugenie, who got married in Windsor, England in October 2018 in a white Peter Pilotto dress with a wide V-neck, revealing back, and long train.
The brand had also appeared to be in a period of expansion, having unveiled luxury homeware, handbag, and accessories collections last year.
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