[2][7] Guests at the opening party included Finland's UN ambassador and Ramona Singer of The Real Housewives of New York City.

[2] On 25 February 2020, the company's New York headquarters were raided by the FBI and NYPD, in connection with sex trafficking claims against Peter Nygård.

[8][9][10][11] In March, following Peter's arrest, Nygård International filed for Chapter 15 bankruptcy in New York City,[3] and its brands were ordered into receivership.

[5] Nygård International filed for Chapter 15 bankruptcy in New York City on 18 March 2020,[12] and the company's brands have since been put up for sale.

[17][18] Though headquartered in Winnipeg, Manitoba, Nygård International sold its product in the United States for decades, including in many Dillard's stores.

[2] The company had corporate facilities in:[19] Nygård also had a flagship fashion concept store in New York City's Times Square, which opened in 2009.

[2][21] Using Microsoft .NET Framework and Internet Information Services in conjunction with Nygård's enterprise software solution from Epicor, the system linked manufacturing with a network of Nygård's retail accounts to keep them fully stocked at all times, allowing reorders to be shipped the same day.