Lord Sugar parts ways with ANOTHER Apprentice winner in latest business axing
HE split from the latest Apprentice winner a fortnight ago and now Lord Sugar has said goodbye to another.
The entrepreneur put a £250,000 investment in Carina Lepore’s Dough Artisan Bakehouse business after she won in 2019, but they have now parted ways.
Paperwork filed to Companies House this week confirmed he has quit his role as a director of the company, three years after they first teamed up.
The documents show that Carina has bought out his shares in the business, giving her full control.
Since winning, she has opened a second bakery in London and teased that a third is on the horizon.
But the latest accounts, up until June 2022, show the business lost £66,500 in the previous 12 months and had shareholder funds worth £193,754.
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A spokesman confirmed: “As part of an ongoing review of his business portfolio, Lord Sugar has decided to part ways with Carina Lepore, The Apprentice winner 2019 and founder of Dough Artisan Bakehouse.
“Both parties agreed it was the right decision for the business moving forward, and Carina will take back full control of her business with immediate effect.
“Lord Sugar remains in partnership with former The Apprentice winners, Tom Pellereau, Ricky Martin, Leah Totton and Marnie Swindells.”
It comes after Harpreet Kaur, who won in 2022, bought back Lord Sugar’s shares in her dessert business Oh So Yum! was awarded £250,000 of investment from the businessman for her dessert business Oh So Yum! after her victory on The Apprentice last year.
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But just 18 months later, she and her sister have taken back control of the business by buying Lord Sugar’s shares.
And on the same day it was also revealed that he had called things off with entrepreneur Amani Zubair, of online store Tresor, who made jewellery with charming phrases telling people to “f*** off”.
An insider said: “Lord Sugar is all about trying to give young entrepreneurs a helping hand, but there’s never any guarantee he’ll work with them forever.
“Amani was already fortunate enough to gain his support without actually appearing on The Apprentice.
“While Harpreet got his backing after winning the programme in March last year, but since then he’s partnered up with the winner of this year’s show.”