Collette Dinnigan, the Australian Financial Review reports, will close her boutique stores in Sydney, Melbourne and London and will cease production of her internationally sought after, high-end bridal and evening wear – a move that will affect more than 50 staff members.
The news comes hot on the heels of Dinnigan’s well-received Paris fashion show earlier this month. The designer is known for her twice-yearly shows in the French capital, which she first began in 1995.
The 48-year-old reportedly insists that, unlike other Australian designers who have shut up shop recently, her decision is not based on any financial trouble. In fact the designer told reporters business is still very profitable and without any debt.
So why has Dinnigan decided to close shop?
“I am not closing for financial reasons, at all. It has absolutely nothing to do with it,” the designer insisted. Â “This is about finding a way to spend more time with my family,” Dinnigan told reporters.
The working mother of two, who gave birth to her second child only last November said she needed more time with her children – her son Hunter turns one next month and daughter Estella is nine. Dinnigan was apparently crestfallen afterÂ returningÂ home from her recent show in Paris to find her baby son hardly recognised her.
âBefore Paris I was working seven days a week, Iâd see him in the morning and not see him until the next morning again, and that happened for four weeks. Then I went to Paris and he almost didnât know me when I got back,â Dinnigan said. â I got back for five days and was on a plane again to Hong Kong. And that was when I went, âhang onâ. And it has to happen, you have to give it that kind of energy, you canât just be half pie, or at least I couldnât.â
But the designer has maintained 100Â perÂ cent ownership of the brand she began more than two decades ago.Â She will continue, âfor nowâ, with the parts of the business that require her to design only and where production and retailing is handled elsewhere.
Her difussion label colette andÂ childrenâs label, Collette Dinnigan Enfant, will also be manufactured offshore and sold only in department stores such as David Jones and Neiman Marcus or online. Â DinniganÂ Â will also continue herÂ partnershipÂ with Specsavers, for which she will launch a prescription sunglasses range early next year, as well as a hosiery line for DavidÂ Jones
Only this month, Dinnigan featured prominently in a 10-page feature story for a well-known Australian fashion publication celebrating her creative lifestyle and her recent delve into books and publishing. She citedÂ the publication of her book,Â Obsessive Creative, as a factor in the decision to close down.
“I almost feel the publication of my book was a catalyst,” she said. “The book is a retrospective of my life and it’s made me stop and think about the amazing journey I have had thus far. It crystallised my thinking,” Dinnigan added.
In a statement released this morning Dinnigan said: “I have sacrificed a lot of family time in building and maintaining my business. Now I want balance back in my life with my husband, nine-year-old daughter and baby boy”.
“I have met and worked with some of the world’s most talented people, as well as realising my own creativity while driving a financially viable, profitable business. I truly feel blessed,” she added.
Deeta Colvin, Dinnigan’s publicist,Â said the deisgner’s decision to close had been “a very difficult one, as she is incredibly passionate about design and her entire business, including all of the people within it, but the hours and travel required to sustain what is necessary to run such a successful international company doesn’t allow for the time she and her family need.”