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Jalal Kamani, 64, who describes himself as a founding director in the firm, is being taken to court by businesswoman Leanne Holmes following a fall-out after they went into business together.
While her predecessor Holly Willoughby favoured designer items, Ms Deeley has won fans over by wearing brands such as Zara and John Lewis.
Frasers Group has set out plans to permanently close its Trafford office, putting around 100 roles at risk of redundancy, Drapers has learned.
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All the brand deals Molly Smith has had since Love Island and All Stars that have given her a millionaire net worth and huge success.