385
Fashion Jobs
SSC PERFUMES & COSMETICS
[Lvmh Beauty] Internal Controller
Permanent · SEOUL
LEVI'S
DTC Assistant Marketing Manager
Permanent ·
PARFUMS CHRISTIAN DIOR
Product Marketing Coordinator - Make up
Permanent · SEOUL
SSC PERFUMES & COSMETICS
E-Commerce Coordinator, Make up For Ever
Permanent ·
MOËT HENNESSY ASIA PACIFIC
Marketing Manager
Permanent · SEOUL
LORO PIANA
Vic & Client Engagement Manager
Permanent · SEOUL
LORO PIANA
Logistics Specialist
Permanent · SEOUL
LOUIS VUITTON MALLETIER
Event Manager
Permanent · SEOUL
LOUIS VUITTON MALLETIER
Store Projects Manager
Permanent · SEOUL
PARFUMS CHRISTIAN DIOR
Special Project & PR Manager
Permanent · SEOUL
HENKEL
Consumer Brands Ecommerce Key Account Manager
Permanent ·
HENKEL
Consumer Brands R&D Graduate 1year Program - Regulatory Affairs
Permanent ·
HENKEL
Regional Product Manager Apac in Korea
Permanent · INCHEON
AESOP
Duty Free Operations Coordinator
Permanent · SEOUL
AESOP
Retail Business Manager
Permanent · SEOUL
AESOP
Retail Business Manager
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] E-Key Account Manager - Sales Online, Consumer Products Division
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] (jr.) Finance Controller - Professional Products Division
Permanent · SEOUL
AESOP
The Hyundai Seoul - Retail Consultant
Permanent ·
AESOP
Aesop Busan - Retail Consultant
Permanent · BUSAN
ADIDAS
Manager, bu - Sportswear App & Kids, Brand Adidas
Permanent · SEOUL
ADIDAS
Manager, Digital Account Management, Wholesale
Permanent · SEOUL
Published
Nov 21, 2020
Reading time
2 minutes
Download
Download the article
Print
Text size

Manish Arora goes into liquidation

Published
Nov 21, 2020

Manish Arora, the fashion label led by the designer once dubbed the “John Galliano of India” has gone into liquidation amidst reports of non-payment of employees and crippling debts.
 

Manish Arora’s collection at LFW in February - Lakmé Fashion Week- Facebook


“We expanded and hoped to reach the world with our unique sensibility and we tried. Sincerely,” Arora, one of India’s most famous fashion designers, told The New York Times in October. “Unfortunately things went wrong. The markets shrunk. Expenses mounted and we soldiered on to the best of our capabilities.”
 
The designer has refused to pass further comment on his label’s downfall, because, as he explained, the business is “in liquidation and also the matter is in court.”

Arora founded his namesake brand with friend and business partner Deepak Bhagwani in 2001, making his international debut in London in 2005. Starting in 2011, he served as creative director of Paco Rabanne for two seasons, before deciding to turn his attention back to focus on his own label.
 
A resident of Paris since 2012, Arora consistently showed his collections in the City of Lights, gaining a reputation for brightly colored, maximalist fashion combining Indian culture with Western references.
 
His label has signed off on collaborations with brands including Reebok, Swatch and Swarovski, and has been stocked by the likes of Saks Fifth Avenue, Neiman Marcus, Selfridges, Printemps and Galeries Lafayette.
 
But cracks apparently began to show in the business in 2017, when the brand’s Indian by Manish Arora line was discontinued. Disruptions caused by the Covid-19 may ultimately have been the last nail in the coffin, but the Manish Arora brand has reportedly been struggling for some time, with expensive runway shows, mounting debts and persistent discounting by retail partners all contributing to the company’s travails.
 
And as partnerships with important retailers have become increasingly scarce, employees, vendors and partners of the company have reportedly started to be paid later and later, if at all.
 
Earlier this year, Bhagwani also left the business. Finally, on October 10, 2020, the brand’s former employees in India were informed that the company was in liquidation.
 
With the Manish Arora store in Paris now closed, and the brand’s website shut for maintenance, the designer has said that he is “reassessing the way forward.” Quite what this and liquidation proceedings mean for the future of his brand and its employees remains to be seen.

Copyright © 2024 FashionNetwork.com All rights reserved.