When filing for bankruptcy helped Bibhu Mohapatra’s brand do better – The Economic Times


When filing for bankruptcy helped Bibhu Mohapatra’s brand do better – The Economic Times

The NY-based designer on the logic behind his eponymous brand’s decision to file for bankruptcy.Earlier this year, New York-based fashion designer Bibhu Mohapatra filed for bankruptcy protection in New York, citing just over $1 million in debt.Although his eponymous brand is yet to come out of insolvency, Mohapatra, who was in Mumbai last week, says his brand has never done better.Known for dressing former First Lady Michelle Obama on several occasions, the designer spoke with ET Panache about what his brand has been going through for the past few months.Michelle Obama in a Bibhu Mohapatra dress at …

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