Former MyNetSale Founder Finds New Life in London After Business Collapse
Agnieszka Todt, whose online luxury fashion retailer MyNetSale collapsed owing $13 million to creditors, is now reportedly living a low-key life in London.
Agnieszka 'Agy' Todt, the former businesswoman behind the online luxury boutique MyNetSale, which collapsed in 2014 leaving creditors owed $13 million, has reportedly relocated to London. After the demise of her business, which faced accusations of selling counterfeit designer items, Todt is said to be living a quiet lifestyle in the affluent Knightsbridge neighborhood. The average cost of a home in this exclusive London area ranges from AU$4.8 million to AU$6.2 million.
MyNetSale catered to celebrity clients, including Rebecca Judd and pop singer Dannii Minogue, who promoted the retailer online. However, the business ultimately failed, with 138 creditors left with substantial financial losses. Following MyNetSale's collapse, Todt reportedly opened another boutique in Sydney's eastern suburbs in 2015, named Style Store International, where she was listed as a co-founder on social media. It is unclear if this venture also faced financial difficulties or is still in operation.
Creditors were left millions out of pocket when MyNetSale went under. More than a decade on, Todt has a new name and is living with a partner in one of London's most elite neighborhoods. The Daily Mail reports that Todt's current circumstances represent a significant shift from the financial fallout of her previous venture.