Manish Arora goes into liquidation
One of India’s most internationally renowned labels, Manish Arora, has gone into liquidation among multiple reports of unpaid wages and a website shut for maintenance.
Despite a long and esteemed career, the Manish Arora brand is now in liquidation, its designer confirmed to the New York Times.
Arora said there was “acute disappointment among all parties” and that he did not wish to comment “on what went wrong given we are in liquidation and also the matter is in court,” the newspaper reported.
He added: "We expanded and hoped to reach the world with our unique sensibility and we tried... Unfortunately things went wrong. The markets shrunk. Expenses mounted and we soldiered on to the best of our capabilities.”
Arora concluded that he is “reassessing the way forward,” the newspaper said.
Since 2017, the luxury brand has been linked to business deals gone bad, unpaid wages lawsuits and vendor disputes, the Times reported, with the coronavirus dealing the final blow in 2020. At the beginning of the year, the designer also separated from his long-time business partner, Deepak Bhagwani.
Arora was previously creative director for French luxury fashion brand Paco Rabanne and currently sits on the advisory council for the International Woolmark Prize. Earlier in the year, Arora collaborated with Amazon India for an affordable fashion line. His brand presented its most recent collection at Lakme Fashion Week in the spring.
The brand has yet to make a public statement on the matter.
In India, the label is available via Amazon India and through multi-brand Indian boutiques including Aza and Pernia’s Pop-Up Shop.
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