Manish Arora announces bankruptcy

One of India’s most acclaimed renowned designers Manish Arora known for his eponymous brand has announced bankruptcy as they have been unable to pay worker wages and its website has been shut for maintenance. The former creative director for French luxury fashion brand Paco Rabanne, Arora currently is a member of the advisory council for the International Woolmark Prize. Earlier this year, he collaborated with Amazon India to launch an affordable fashion line and also presented his latest collection at Lakme Fashion Week in the spring.

This year, Arora also parted ways with his long-time business partner Deepak Bhagwani. The global coronavirus crisis also contributed to the brand’s ongoing financial issues. The brand currently stocks its River collection with Amazon India besides retailing online on multi-brand Indian boutiques including Aza and Pernia’s Pop-Up Shop among others.