Nygård International

Nygård International was a Canadian clothing brand that was based in Winnipeg, Manitoba. While the company was active it produced clothing under brand names such as Peter Nygård, Nygard Slims, Bianca Nygard, ADX, TanJay, Alia and Allison Daley.

Nygård International
TypePrivate
IndustryClothing
FateChapter 15 bankruptcy
Founded1967 (1967)
FounderPeter Nygård
Defunct2020
HeadquartersWinnipeg, Manitoba, Canada
Area served
Worldwide
Key people
Peter Nygård (Founder)
ProductsApparel
Number of employees
1450 [1]
Corporate headquarters in Times Square

History

Nygård International began as a sportswear manufacturer, founded in 1967 by Peter Nygård in Winnipeg, Canada.[2]

In 1978 the company expanded into the United States and in 1987 Peter Nygård opened the company's international sales and marketing team in Toronto, Canada.

While it was active the company had corporate facilities in:[3]

  1. New York, New York, United States (World Headquarters, Research and Design)
  2. Winnipeg, Manitoba, Canada (IT/Retail/Services/Design & Merchandising, Production & Distribution)
  3. Toronto, Ontario, Canada (International Sales & Marketing Team)

The corporation also had manufacturing facilities in Shanghai, Tianjin, Sri Lanka, Indonesia and Mexico.

Product lines and retail outlets

Nygård International had multiple product lines, including ALIA, and TanJay. The Nygård Fashions brands included Peter Nygård Collections, Bianca Nygård, and Nygård SLIMS. Nygård Moderate also had three National Brands that were exclusively available at Dillard's in the US.

Retail stores carrying Nygård brands included Walmart, Costco, Winners, and Belks, as well as a number of small independent stores across North America.

In February 2020, Dillard's dropped Nygård products due to allegations of Peter Nygård being involved with rape and sex-trafficking.[4]

Fashion and technology

Throughout the 2000's the company used the slogan "Where Fashion Meets Technology" and the company won numerous technology-related awards, including the 2007 Most Innovative VICS CPFR Implementation,[5] and 2009 BeyeNETWORK Vision Award for Business Impact.[6] Nygård International had also been used by Microsoft as the subject of a case study highlighting the early adoption of an electronic ordering system.[7]

Liquidation and closure

Nygård International filed for Chapter 15 Bankruptcy in New York City on March 18, 2020.[8] Nygard International's brands are now up for sale.[9] On June 30 it was reported that Dillard's would buy parts of Nygard's inventory and Allison Daley's trademark and inventory.[10] The company was put into court ordered receivership of Richter Advisory Group.[11] On October 20, a judge approved the sale of Nygard's Winnipeg warehouse which sold in late January 2021 and was the last Canadian property to be liquidated.[12][13]

References

  1. HARTNELL, NEIL. "Receiver takes over Nygard firms". www.tribune242.com. The Tribune Limited. Retrieved 21 March 2020.
  2. Aronovich, Hanna (2005-03-15). "Ready-Made Couture". U.S. Business Review. usbusiness-review.com. Archived from the original on 2007-12-04. Retrieved 2008-07-31.
  3. "Nygård International, Corporate Website, Headquarters". Archived from the original on 2010-06-12. Retrieved 2010-06-15.
  4. "In Wake of Rape, Sex-Trafficking Allegations, Dillard's Drops Peter Nygård Collection". Retrieved 2020-02-25.
  5. "VICS 2007 - Merit-Trax Technologies Food Traceability Software". Archived from the original on April 20, 2009. Retrieved 2010-06-15.
  6. "BeyeNETWORK: Global coverage of the business intelligence ecosystem". Retrieved 2010-06-15.
  7. "Case Study: Nygård International". Archived from the original on 2010-10-22. Retrieved 2010-06-15.
  8. Al-Muslim, Aisha (19 March 2020). "Canadian Fashion Tycoon Peter Nygard's Company Files for Bankruptcy". Wall Street Journal. Dow Jones & Company. Retrieved 21 March 2020.
  9. Velasquez, Angela (2020-06-04). "Scandal-Ridden Brands Owned by Peter Nygard Are Up for Sale". Sourcing Journal. Retrieved 2020-09-17.
  10. "American fashion retailer Dillard's to purchase Nygard inventory, trademark".
  11. "Nygard lawyers ask judge to end companies' receivership | CBC News". CBC. Retrieved 2020-11-10.
  12. "Nygard Warehouse Liquidated". Manitoba Post. 2020-11-20. Retrieved 2020-11-20.
  13. "Sale approved for Nygard property on Broadway in Winnipeg, last of 4 sold under receivership | CBC News". CBC. Retrieved 2021-01-31.
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