Coperni asked a court to save it from its own distributor — Tomorrow stopped paying

Coperni, the Parisian fashion label known for its viral smartphone bag and SpaceX-inspired designs, was placed in receivership by a Paris commercial court on June 11, 2026. The brand had been founded in 2013 by Sébastien Meyer and Arnaud Vaillant, rising to international prominence through celebrity endorsements and social-media-friendly runway moments.

In 2019, Coperni took on Tomorrow London Group as its majority shareholder and exclusive distributor. The relationship soured when Tomorrow stopped paying sums it owed to partners and suppliers, depriving Coperni of resources and putting the brand under 'significant financial strain.' The dispute escalated to the point that Coperni pulled out of Paris Fashion Week in March 2026.

Vaillant, president of Coperni SAS, initiated court proceedings to protect the brand. The receivership allowed Coperni to continue operating and protecting its teams while the founders sought to regain full control. Days after the dispute became public, Progetto 11 — the holding company of The Level Group — announced it was acquiring Tomorrow Group, leading to the exit of founder Stefano Martinetto and Three Hills Capital Partners.