Designer Ozwald Boateng‘s profits shrink

OZWALD BOATENG, the British fashion designer and Savile Row tailor, saw his profits plunge 88 per cent to £37,137 in the year to April 2012 compared with £333,722 the previous year. Boateng’s holding company, Bespoke Couture, turned over £2.62m, down from £2.87m in 2011, accounts filed this week at Companies House show.