Charlotte Olympia Dellal’s Shoe Label Files for Bankruptcy: What Went Wrong?

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Daughter of Brazilian model Andréa de Magalhães Vieira and British property developer Guy Dellal, Charlotte Olympia Dellal was born in 1981 in Cape Town, South Africa.

She lives in London with her husband, private equity investor Maxim Crewe, and their four boys.

Footwear designer Charlotte Olympia Dellal attends the V&A Summer PartyFootwear designer Charlotte Olympia Dellal attends the V&A Summer Party at The V&A on June 20, 2018, in London, England (Credit: JRP / WENN)

On February 17, 2018, Charlotte Olympia’s three Delaware-based firms, Pinktoe Tarantula, Desert Blonde Tarantula, and Red Pump Tarantula, filed for bankruptcy in the U.S., citing the “unprecedented disruption in the retail market.”

“The brick-and-mortar retail environment has been experiencing, and continues to experience, unprecedented disruption due to a confluence of factors, including the proliferation of online retailers, changing consumer tastes and demographics, and increased competition,” chief restructuring officer William Kaye stated in the filing.

Charlotte Olympia Dellal shows off her feet in black sandals from her eponymous footwear labelCharlotte Olympia Dellal shows off her feet in black sandals from her eponymous footwear label

“Despite selling the iconic Charlotte Olympia brand and taking steps to reduce their expenditures, the debtors’ operations are not profitable due to the widespread disruption in the retail industry.”

While the U.S. affiliates doing business as Charlotte Olympia declared bankruptcy and closed four retail outposts in New York, California, and Nevada, Charlotte Olympia Dellal still controls her namesake brand.

Below, we’re excited to show you ten of our favorite shoes from the London-based footwear brand Charlotte Olympia, founded by Charlotte Olympia Dellal in 2008.

We’ve spotted her footwear creations on celebrities like Sofia Vergara, Kate Mara, Elizabeth Banks, Lily Aldridge, Olivia Wilde, Heidi Klum, Beyoncé Giselle Knowles-Carter, Selena Gomez, and Lindsay Lohan.

1. Gold Island Platform Dotty Suede Pumps, $695

Charlotte Olympia Dotty Suede Platform Pump Black

Charlotte Olympia Dotty Suede Platform Pump Cocktail Pink

Charlotte Olympia Red Dotty suede pump

This red suede pair has a flattering round toe and gold island platform to temper the sky-high heelThis red suede pair has a flattering round toe and gold island platform to temper the sky-high heel

This pair is crafted from supple suede and finished with the label's signature gold island platform for stabilityThis pair is crafted from supple suede and finished with the label’s signature gold island platform for stability

Charlotte Olympia's signature 'Dotty' pumps are part of the label's 'Encore' collectionCharlotte Olympia’s signature ‘Dotty’ pumps are part of the label’s ‘Encore’ collection

2. Evelyn Crystal-Embellished Suede Sandals, $795

The slim suede straps of Charlotte Olympia's 'Evelyn' sandals are embellished with sparkling baguette crystalsThe slim suede straps of Charlotte Olympia’s ‘Evelyn’ sandals are embellished with sparkling baguette crystals

This light-catching pair has a towering 115mm heel balanced by the signature island platformThis light-catching pair has a towering 115mm heel balanced by the signature island platform

3. Forever Young Metallic-Trimmed Suede Platform Sandals, $945

Charlotte Olympia's black suede 'Forever Young' sandals are woven in a graphic interlocking pattern outlined in gold leather to showcase its intricacyCharlotte Olympia’s black suede ‘Forever Young’ sandals are woven in a graphic interlocking pattern outlined in gold leather to showcase its intricacy

The towering block heel is balanced by a generous platformThe towering block heel is balanced by a generous platform

4. Ilona Bow-Embellished Canvas Mules, $745

These metallic 'Ilona' mules are decorated with a twisted bow detailThese metallic ‘Ilona’ mules are decorated with a twisted bow detail

Made in Italy from lustrous satin, this peep-toe pair has a twisted bow at the front and a pin-thin heelMade in Italy from lustrous satin, this peep-toe pair has a twisted bow at the front and a pin-thin heel

Charlotte Olympia's shoes are inspired by the opulent wardrobes of vintage fashion iconsCharlotte Olympia’s shoes are inspired by the opulent wardrobes of vintage fashion icons

Charlotte Olympia's 'Ilona' mules showcase her continuing admiration for old Hollywood glamourCharlotte Olympia’s ‘Ilona’ mules showcase her continuing admiration for old Hollywood glamour

5. Less Is More Embellished Stretch-Knit Over-the-Knee Boots, $595

Charlotte Olympia's 'Less Is More' boots seamlessly fuse the look of stretch-knit tights and pumpsCharlotte Olympia’s ‘Less Is More’ boots seamlessly fuse the look of stretch-knit tights and pumps

Designed with a sturdy block heel, this mid-thigh style is detailed with the brand's signature spiderweb in crystalsDesigned with a sturdy block heel, this mid-thigh style is detailed with the brand’s signature spiderweb in crystals

6. Lotte Cutout Suede and Mesh Sandals, $795

Pink Charlotte Olympia Lotte spider-web suede high heel sandalsPink Charlotte Olympia Lotte spider-web suede high heel sandals

The mid-heel is comfortable for night-long eventsThe mid-heel is comfortable for night-long events

This glamorous pair is crafted from suede with spider web-shaped cutouts and mesh side panelsThis glamorous pair is crafted from suede with spider web-shaped cutouts and mesh side panels

Charlotte Olympia's 'Lotte' sandals are from the 'Encore' line – a permanent collection of the designer's signature silhouettesCharlotte Olympia’s ‘Lotte’ sandals are from the ‘Encore’ line – a permanent collection of the designer’s signature silhouettes

7. Mid-Century Dorsay Leather-Trimmed Canvas Point-Toe Flats, $565

This point-toe pair is trimmed in glossy patent-leather and lightly cushioned for all-day comfortThis point-toe pair is trimmed in glossy patent-leather and lightly cushioned for all-day comfort

Charlotte Olympia's 'Mid-Century Dorsay' flats are the latest addition to the designer's cult 'Kitty' rangeCharlotte Olympia’s ‘Mid-Century Dorsay’ flats are the latest addition to the designer’s cult ‘Kitty’ range

Handcrafted in Italy from ecru canvas, this point-toe pair is accented with glossy gold leather piping and embroideryHandcrafted in Italy from ecru canvas, this point-toe pair is accented with glossy gold leather piping and embroidery

8. Odelle Bow-Embellished Faille Sandals, $795

Charlotte Olympia describes her 'Odelle' sandals as "an exquisite party shoe"Charlotte Olympia describes her ‘Odelle’ sandals as “an exquisite party shoe”

These sandals have been crafted in Italy from black faille neatly knotted into a bow and finished with a shimmering gold glitter heelThese sandals have been crafted in Italy from black faille neatly knotted into a bow and finished with a shimmering gold glitter heel

9. Vreeland Lamé Platform Sandals, $875

These platform sandals are named after fashion editor Diana VreelandThese platform sandals are named after fashion editor Diana Vreeland

Crafted from sparkling silver lamé, this '70s-inspired pair has a decorative knotted strap and sculpted curved heelCrafted from sparkling silver lamé, this ’70s-inspired pair has a decorative knotted strap and sculpted curved heel

Silver Charlotte Olympia lamé fabric sandal featuring 5.8" curved heel and 1.5" platformSilver Charlotte Olympia lamé fabric sandal featuring 5.8″ curved heel and 1.5″ platform

10. Wallace Satin Sandals, $825

Charlotte Olympia satin evening sandal featuring 5" covered stiletto heelCharlotte Olympia satin evening sandal featuring 5″ covered stiletto heel

A bow-like accent at the ankle strap balances out the island platform of a fanciful peep-toe sandal fashioned from silvery lamé fabric and finished with a towering stiletto heelA bow-like accent at the ankle strap balances out the island platform of a fanciful peep-toe sandal fashioned from silvery lamé fabric and finished with a towering stiletto heel

Charlotte Olympia is known for feminine shoes and accessories with a sense of humorCharlotte Olympia is known for feminine shoes and accessories with a sense of humor

Crafted from sumptuous red satin, this pair is detailed with a knotted bow detail at the back and the 5-inch heel is balanced by the label's signature island platform, ensuring evening-long comfortCrafted from sumptuous red satin, this pair is detailed with a knotted bow detail at the back and the 5-inch heel is balanced by the label’s signature island platform, ensuring evening-long comfort