LORD SUGAR has parted company with yet another winner of The Apprentice.
He has ceased to be a director of the beach and loungewear company, run by Sian Gabbidon who won the BBC1 contest in 2018.
The tycoon’s company, Amvest Limited, which had ‘significant control’ of the business, Sian Marie Fashion, has also been removed.
Lord Sugar invested the usual £250,000, which all winners receive, in the company.
But new documents show his position in the company was “terminated” last month.
She is the latest in a long line of winners who’ve split from the main man in recent years.
Read More on The Apprentice
The others include Joseph Valente from 2015’s series, Alana Spencer, who triumphed in 2016, and 2017 victor James White.
The news comes after Harpreet Kaur won this year’s Apprentice and will get the good lord’s cash pumped into her dessert delivery business.
His finance director Michael Ray also ceased to be company secretary at the same time and control of the company was handed over to Sian.
Last year it was reported that Sian had expanded from just swimwear to loungewear and had agreed a deal to sell her brand in Asda.
She marked the launch by tweeting: “After months of planning, @Lord_Sugar & I are VERY excited to announce @sianmariefash in NOW LIVE inshore and online @Georgeatasda!!… and what makes this even more special for me is I used to work for Asda back in the day. Proud moment!”
The most recent accounts, which were published last month for the 12 months to the end of June 2021, show that the company had accumulated losses of just under £120,000 and was being kept in the black by the £250,000 investment.
The Apprentice is available on BBC iPlayer.
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