Ultimo goes bust as underwear firm founded by Michelle Mone stops

#xa; The Tory peer, now known as Baroness Mone of Mayfair, established the lingerie brand - whose models have included Penny Lancaster and Rachel Hunter - in 1996

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Online retailer Shop Direct closing three sites with 2,000 jobs under threat - Mirror Online

Ultimo lingerie firm ceases trading in the UK

Ultimo bra firm set up by Michelle Mone stops trading in UK with

Undie firm Ultimo set up by Michelle Mone to close after 22 years

Lingerie tycoon Michelle Mone's ex-husband sets up rival underwear

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Undie firm Ultimo set up by Michelle Mone to close after 22 years

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Michelle Mone, Baroness Mone - Wikipedia