Coperni enters receivership as founders seek to regain control amid dispute with majority shareholder Tomorrow Group.
“Deprived of these resources, Coperni was put under significant financial strain, along with its employees, even as the brand continues its international development,” he said.
“By opening these proceedings, the court allows Coperni to keep creating, to protect its teams, and to build its future. ”. The transaction saw the exit of the previous shareholders, including founder and chief executive officer Stefano Martinetto and Three Hills Capital Partners. , combined with the wave of closures and restructurings affecting e-commerce platforms like Ssense, Matches and Farfetch, have rattled the industry and cut off once-lucrative sales channels for fashion’s middlemen.
Those changes, coupled with higher interest rates, higher prices and a cost-of-living crisis in Europe, have forced some European brands to shut and prompted agencies, distributors and brand owners to rethink how they do business. Known 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 WWD and Women's Wear Daily are part of Penske Media Corporation. © 2026 Fairchild Publishing, LLC. All Rights Reserved.
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