Jeanmuir Jean Muir, the label synonymous with understated elegance, is to close this year, following the release of its last ever collection, for Spring/Summer 2007.

In a statement on the company's website, Muir's husband, Harry Leuckert, said he had been keen to expand the company, but had failed to find a suitable investor. "It is with great regret and sadness that I am making this announcement. For the past decade I have enjoyed watching a great team continue the work of Jean Muir and I am pleased with the exceptional success of our own shop," he said.

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