Kate Moss Spotted Celebrating on Luxury Yacht in Spain Amid Company Debt Crisis

Supermodel Kate Moss, 52, was seen enjoying a sunny day on a luxury yacht in Formentera, Spain, alongside her 23-year-old daughter, Lila Moss, despite her beauty and wellness brand, Cosmoss, facing severe financial troubles. The company, which Moss launched about four years ago and sells vegan skincare products, owes creditors approximately $3 million. Recently, reports revealed that nearly one million shekels worth of unsellable inventory will be destroyed, and the company’s cash reserves have dwindled to roughly 14,000 shekels (about 3,455 British pounds).

Moss was photographed in a black swimsuit swimming in the Mediterranean and socializing with her daughter’s friends, who wore bikinis and applied tanning oil. The yacht rental reportedly costs around 5,420 shekels per day. Despite the financial strain on her brand, Moss appeared carefree, smiling and waving at photographers. She had previously been in a high-profile relationship with Johnny Depp and testified in his trial against Amber Heard.

Cosmoss entered liquidation last summer, and Moss withdrew from a shareholder agreement concerning the use of her image and intellectual property, rendering the remaining inventory valueless. The model’s net worth is estimated at about 222 million shekels. Moss had promoted her brand as authentic and vegan-friendly, but the company’s financial collapse contrasts sharply with her current luxurious lifestyle.

Summary: Kate Moss was spotted celebrating on a costly yacht in Spain with her daughter while her beauty brand faces liquidation and owes millions to creditors. Unsellable inventory is set for destruction, and the company’s cash reserves are nearly depleted.

Points: - Kate Moss’s company Cosmoss owes about $3 million and is undergoing liquidation. - Nearly one million shekels of unsellable inventory will be destroyed. - The company’s cash reserves have dropped to approximately 14,000 shekels. - Moss was seen on a luxury yacht in Formentera, Spain, with her daughter Lila. - Yacht rental costs around 5,420 shekels per day despite company debts. - Moss’s net worth is estimated at 222 million shekels.

Topic: general israel_relevant: false Entities: {"people":["Kate Moss","Lila Moss","Jefferson Hack","Johnny Depp","Amber Heard"],"organizations":["Cosmoss"],"places":["Formentera","Spain","Mediterranean"]}