A second-hand luxury fashion business has been forced to close just over a year after receiving a £100,000 investment on Dragon's Den after a devastating burglary.
Luxe Collective was set up in 2018 by brothers Ben and Joe Gallagher in Formby, Merseyside, and they had found success in recent years in the luxury resale market.
The brothers then appeared on the BBC show in January 2024 with co-owner Oliver Millar when entrepreneur Sara Davies said they were too successful to invest in.
However they did get a £100,000 investment from Steven Bartlett for just 3 per cent of their business, which was booming as they also became known on social media for sharing fashion stories and helping buyers distinguish between fake and real items.
But Luxe Collective suffered a major break-in last July at its warehouse in Ormskirk, Lancashire, as half of its stock was stolen with a value of more than £500,000.