Steven Bartlett Speaks Out on Luxe Collective's Closure After Dragon's Den Investment

The high-profile British entrepreneur Steven Bartlett recently commented on the closure of Luxe Collective, a luxury fashion business he invested in via Dragon's Den. The company, run by brothers Ben and Joe Gallagher, closed after a devastating burglary. Bartlett, speaking at the BAFTA TV awards, stated, "I told them to take a breath, take a pause, and then go again." He expressed full support for the Gallagher brothers' decision, emphasizing the emotional toll the burglary and subsequent business challenges had taken. Bartlett's investment highlights the risks and rewards of the second-hand luxury market. The incident underscores the vulnerability of small businesses, even those with significant investment. The Gallagher brothers' experience, however, also demonstrates the importance of resilience and the ability to adapt in the face of adversity. The story serves as a cautionary tale, yet also offers a message of hope and perseverance.

Liverpool Echo

Dragons Den business owner says 'we failed' as Steven Bartlett breaks silence

Luxe Collective received £100,000 from Steven Bartlett after initial success for Formby brothers Ben and Joe Gallagher