Business · Companies · 2 hrs ago

Coperni ends operations after founders fail to resolve dispute

Coperni ends operations after founders fail to resolve dispute

Coperni founders Arnaud Vaillant and Sébastien Meyer say the fashion brand has ceased operations.

The Paris-based label, founded in 2013, became widely known for a spray-on dress created on model Bella Hadid during a 2022 fashion show.

The closure follows months of conflict with Tomorrow, Coperni’s shareholder and distributor, over money the founders said was unpaid.

Coperni entered court-supervised restructuring in June as it tried to continue operating.

The founders also sought to buy the brand back from Progetto 11, which acquired Tomorrow in March.

Those efforts did not produce an agreement, the founders said.

They have not announced a plan to restart Coperni, though they said they remain optimistic about future creative work.

3 sources

Related

What people are saying

Arnaud Vaillant and Sébastien MeyerCoperni co-founders
Malgré tous nos efforts, aucune solution n'a pu être trouvée
via Yahoo Actualités
Ces huit années ont été extraordinaires
via Vogue France
Coperni a toujours été une aventure collective, et nous sommes extrêmement fiers de ce que nous avons créé.
via Vogue France
Progetto 11Tomorrow’s buyer
une entreprise déjà au cœur d’un conflit plus large concernant la propriété et la gouvernance, manquant de financement, ce qui a également entraîné l’annulation du dernier défilé, et dont les fondateurs cherchaient à reprendre le contrôle
via Vogue France