After a week of rumors, it finally happened: Designers Guild, the London-based home goods brand, has filed for bankruptcy and ceased operations. The company appointed an advisory firm, Interpath, to oversee the proceedings and laid off 93 employees, keeping only a skeleton crew on hand to oversee the wind-down.

The news comes on the heels of a series of visible struggles for Designers Guild. Earlier this month, the British press reported that the company was seeking a buyer or investor even as it filed preliminary documents in preparation for bankruptcy. More recently, Ralph Lauren Home halted new sales of the fabrics and wallcoverings from its exclusive licensing agreement with Designers Guild. And this week, local news outlet The Chelsea Citizen reported that the company had shuttered its London flagship.

Yesterday, Designers Guild’s U.S. distribution partner, Osborne & Little, sent a notice informing some of its customers that sales of the company’s fabrics and wallpapers will “not be continuing,” and that it was “working on solutions for outstanding orders,” with an update to be provided in two to three weeks.

A representative for Ralph Lauren Home told Business of Home that the company was “in the process of confirming both an interim solution and a long-term path forward to minimize interruptions for our customers.”

In addition to its William Yeoward and Royal Collection brands, Designers Guild also partnered with Christian Lacroix Maison and John Derian. A representative for John Derian declined to comment. Christian Lacroix Maison did not respond to a request for comment.

The notice from Interpath announcing the closure detailed some of the brand’s struggles. Last year, in an effort to raise cash, Designers Guild sold its IP to U.K. retail chain Dunelm, then licensed it back. However, according to the note, “With a strong European customer base, the Company was particularly exposed to the impact of Brexit and the war in Ukraine, both of which weighed heavily on sales while driving up underlying costs across the business.”

Founded in 1970, Designers Guild began when married couple Tricia and Robin Guild acquired an importer of Indian block-printed textiles. Though the two split a few years later, Tricia carried on with the company and grew it into a beloved British brand, encompassing a retail operation, fabrics, wallpapers, furniture, decor and more. In 2008 she was awarded an OBE (Officer of the Order of the British Empire) from Queen Elizabeth II for “services to interior design.”

In a note co-signed by CEO Simon Jeffreys and posted to Designers Guild’s website today, Tricia Guild referred to the closure as “a source of huge regret and sorrow,” but expressed pride in the legacy she hoped the company would leave behind. “We hope the many positive memories will be the ones that stay with us. The gorgeous fabrics, wonderful interiors, photo shoots in the most inspiring places around the world … the thought that, in some small way, I have brought colour into people’s lives.”