When the footage of Kate Moss purportedly sniffing cocaine spread on the Internet like wildfire, it initially seemed like Kate would be suffering from the stigma of her new “Cocaine Kate” image. She quickly lost business deals with fashion power-houses H&M, Burberry and Chanel. However, in the long run, the model with the nose for business seems to be making out like a bandit. Since the video first leaked, Moss’ private company, Skate Enterprises, has reported earnings that indicating a two-fold increase in its assets.
The latest accounts show Skate Enterprises ended the year to February 2006 with Â£3.9 million in the bank compared with Â£2 million in 2005.
The accounts are highly significant because the financial year they cover ended five months after the publication of the photographs. They suggest that even during the depths of her brief period of disgrace Moss was prospering.
It just goes to show you. When it comes to fashion, you could be caught trying to snort a ground-up Oompa Loompa and all will eventually be forgiving–unless you get fat, that is.