A probe into Fashion for Relief was opened by the commission in 2021, with the charity dissolved and removed from the register of charities in March 2024.
The inquiry, which looked at Fashion for Relief’s expenses between April 2016 and July 2022, found that just 8.5% of funds raised were spent on grants to charity.
Some £344,000 has been recovered and a further £98,000 of charitable funds protected, the Charity Commission said in September.
Fashion for Relief had been set up with the aim of uniting the fashion industry to relieve poverty and advance health and education, by making grants to other organisations and giving resources towards global disasters.