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Ex-Husband, Honeymoon, and a $7M Family Feud: The Explosive Court Battle of Fashion Moguls

BBG News

Danielle and Vicki Vlahos, key figures within the fashion industry, have escalated their dispute to the New South Wales Supreme Court. This court case could potentially lead to a significant confrontation between the cousins and joint founders of Portia & Scarlett.

In 2014, a formalwear brand owned independently was established by cousins. By December 2023, when it was sold to the US bridal group Allure, it had over 1000 retailers carrying its products across 47 different countries.

Three years past, Danielle and Vicki donned identical black dresses and shared a grin, standing together, while they poured a champagne cascade at an event celebrated by Sydney’s high society.

At their company’s yearly Christmas celebration, the blonde women appeared to be in high spirits, surrounded by a sea of vibrant hot pink balloons, influential figures from the fashion world, and even danced exuberantly upon tables.

This week, it was revealed that the relatives had generally maintained a harmonious relationship up until early 2023, when Vicki expressed her intention to sell the business.

According to Vicki’s shocking statements in court, it appears that her former business partner and ex-spouse are now romantically involved. She confirmed this by stating, “Yes, they went on a honeymoon together.

Vicki shared with Justice Scott Nixon in the recent hearing that she believes they are an engaged couple, as if it were a small, romantic getaway before their wedding.

Meanwhile, the judge also heard Danielle’s claims of being ‘verbally abused’ by Vicki. 

Previously leading designer Danielle mentioned that she aims to retrieve the $170,000 loan she extended to Vicki during her divorce proceedings, prior to beginning a relationship with Vicki’s former spouse.

In questioning, Vicki asserted that the person she previously considered like a sister had been dishonest by requesting repayment of money she had earlier claimed. (Or: Under questioning, Vicki suggested that her former “sister-like” figure was engaging in a double standard by asking for reimbursement.)

She mentioned that the funds she received in January 2023 were used for her cousin’s divorce settlement, and incidentally, she is now reaping the benefits from it.

Additionally, the judge listened to Danielle’s allegations that she was ‘verbaly abused’ by Vicki, with Vicki characterizing it as ‘a family disagreement.’

According to News.com.au, Vicki testified in court that she and Danielle had disagreements from the time Danielle was born. She added, “So if you prefer, it started in 1985.

She added the amount should be considered ‘a credit,’ against what she claims Danielle owes her. 

In 2010, Vicki Chami (formerly known as Vicki) and Danielle Makhlouf (previously known as Danielle) established their business called Love D & V XOXO. They opened their first store, named the Doll House, located in Top Ryde Shopping Centre.

After that, they expanded by opening an additional three stores. Later, they established Portia & Scarlett to cater to a niche in the formalwear industry, driven by the needs of their clientele.

In 2023, the cousins finalized a deal to pass on their business ownership to the American wedding dress maker, Allure Bridal. The exact amount they received for this transaction has not been publicly disclosed.

They are currently in dispute about how to split the proceeds from the sale, as well as an outstanding debt of $800,000 that remains unpaid.

The ongoing legal dispute between the cousins has so far revealed an intricate network of undocumented business transactions and personal conflicts between them, suggesting a lengthy process ahead.

According to Vicki, she is entitled to $645,000 as per an informal agreement for a home loan that helped Danielle purchase a property in Gladesville. Danielle insists that this debt has already been paid back more than once.

Danielle asserts that she settled a home loan debt of $741,903 with her cousin, making five distinct repayments, and furthermore states that Vicki acknowledged the loan had been repaid in a WhatsApp conversation.

The cousins are arguing over a substantial sum of money related to the costs accumulated during trade show visits (approximately $58,000), unreimbursed vacation time ($216,000), and lodging expenses in Los Angeles.

The court is being requested to decide the amount each Sydney-based relative owes on their individual business loans.

As a passionate devotee, I can’t help but share this intriguing news: A judicial representative, tasked with my care, has been directed to liquidate roughly $7 million worth of our company’s belongings. This action follows the court’s determination of each cousin’s debt, which they must repay before retaining any remaining assets. It’s an intriguing twist in the saga of our cherished enterprise!

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2025-02-09 07:50

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