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\n\tPARIS <\/strong>\u2014 Coperni will cease operations, founders Arnaud Vaillant and S\u00e9bastien Meyer said Wednesday in a personal statement emailed to press and retailers.<\/p>\n \n\tThe brand had entered receivership in June as the founders sought to disentangle themselves from fashion development platform Tomorrow London Group, the brand\u2019s majority shareholder and exclusive distributor since 2019.<\/p>\n \n\t\u201cUnfortunately, despite all our efforts, no solution could be found, and we have decided, with great sadness, to stop Coperni\u2019s operations,\u201d the founders wrote, adding that the brand\u2019s eight years had been \u201cextraordinary\u201d and that they were proud of what they had created.<\/p>\n \n\tOn June 11, a Paris commercial court granted Coperni\u2019s request for court protection, placing the brand into receivership.<\/p>\n \n\tAt the time, Vaillant said the company had been put under significant financial strain following several months during which Tomorrow stopped paying sums owed to partners and suppliers. The proceedings aimed to allow the label to continue creating, protect its employees and build its future, he added.<\/p>\n \n\tDetermined to regain control of their label, the cofounders had pulled out of Paris Fashion Week in March amid the dispute and, following the receivership, were absent from the fall 2027 season as well.<\/p>\n \n\tProceedings unfolded as Tomorrow underwent a change in ownership, acquired in March by Progetto 11, the holding company of e-commerce platform The Level Group. The transaction included the exit of Tomorrow\u2019s previous shareholders, among them founder and chief executive officer Stefano Martinetto and Three Hills Capital Partners.<\/p>\n \n\tKnown for their love of technology and experimental approach to show formats, Vaillant and Meyer staged a show at Disneyland Paris featuring Kylie Jenner in a princess gown, and a performance that saw a nearly naked Bella Hadid spray-painted with a dress.<\/p>\n \n\tIn Wednesday\u2019s statement, Vaillant and Meyer said there was \u201cstill so much we want to explore and reinvent.\u201d<\/p>\n<\/div>\n PARIS \u2014 Coperni will cease operations, founders Arnaud Vaillant and S\u00e9bastien Meyer said Wednesday in a personal statement emailed to press and retailers. The brand had entered receivership in June as the…<\/p>\n","protected":false},"author":1,"featured_media":198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-stories"],"_links":{"self":[{"href":"https:\/\/wom.beauty\/index.php?rest_route=\/wp\/v2\/posts\/197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wom.beauty\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wom.beauty\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wom.beauty\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wom.beauty\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=197"}],"version-history":[{"count":0,"href":"https:\/\/wom.beauty\/index.php?rest_route=\/wp\/v2\/posts\/197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wom.beauty\/index.php?rest_route=\/wp\/v2\/media\/198"}],"wp:attachment":[{"href":"https:\/\/wom.beauty\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wom.beauty\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wom.beauty\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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