Karen Millen Wants Her Name Back

Designer Karen Millen fights to resume trading under her own name after losing everything in the 2008 Icelandic banking crash.

What's in a name? For Karen Millen 2012, it's more than just moniker; it's a multi-million pound fashion brand that she was forced to give up when an Icelandic bank went bust in 2008. Karen Millen Outlet

Designer Millen and her former husband Kevin Stanford had fingers in many retail pies back in 2008, with combined interests in Oasis, All Saints, Whistles, Ghost, House of Fraser, French Connection and Principles. Karen Millen Outlet Online.The Icelandic banking crash put an end to this power couple's retail dominance, however, when Kaupthing bank went bust in October 2008.

Now The Guardian reports that Millen and Stanford, whose marriage broke up in 2001, are directing legal proceedings against the bank, seeking recompense of sums exceeding £500m. Karen Millen UK Dresses

More interesting for fans of the label beloved by former The X Factor judge Tulisa Contostavlos and her American counterpart Nicole Scherzinger, Millen is also desperate to resume trading again under her own name. Karen Millen Dresses Outlet"I will not rest until I have my company completely restored to me," said Millen, speaking for the first time after meeting Icelandic investigators earlier this month, who are examining claims of fraud at Kaupthing.