Coperni Shuts Down After Dispute With Shareholder
French fashion brand Coperni has announced that it is ceasing operations after months of conflict with its majority shareholder and distributor, Tomorrow Ltd.
The brand’s co-founders and creative directors, Sébastien Meyer and Arnaud Vaillant, said they had tried to find a solution to the dispute but were unable to reach an agreement.
The conflict reportedly involved unpaid sums and financial pressures that affected the brand’s ability to continue operating. Coperni had previously cancelled appearances at major fashion events as the disagreement continued.
Coperni became internationally known for its bold and innovative approach to fashion. One of its most memorable moments came during Paris Fashion Week when model Bella Hadid had a dress sprayed directly onto her body on the runway.
The brand was also known for combining fashion with technology through creative runway shows and its popular Swipe bag.
The closure marks the end of an eight-year journey for the Paris-based label. However, the founders have expressed optimism about the future, saying they still have new ideas they hope to share with the fashion world.