Yanchi Vadhera is very pissed off as a designer duo shut shop and vanished from the Crescent at the Qutub without settling pending rent. Now that’s unfair folks. I won’t take the name of the designer duo who are on a high dressing pop divas but this much I know that they are making enough money to clear outstanding dues.
Well, Yanchi who co-owns the fancy mall – Crescent at the Qutub was the most sought after man when designers were literally on the streets after demolition of MG1 and MG2. Now that we have too many malls and arcades in offering, designers have the luxury to pick and choose.
But defaulting on money is never the right thing. Yanchi Vadhera is a gentleman, but he is an angry man too. If this was our regular builder with musclemen doing recoveries, our designer duo wouldn’t have dared to default. Hope the matter gets resolved soon.
Even the desi designer duo did not lose the chance to make money out of CWG. For the opening and closing ceremony, the cultural committee had lined up a fashion show too to showcase India’s rich culture to the world. Hence bids were submitted. Sumit Nair proposed a Mega Show with Tarun Tahiliani and Rohit Bal, two of India’s best know designers. The proposal was an expensive one worth Rs. 1 Crore. But subsequently Nair brought down the figure to Rs. 38 Lacs.
FDCI presented a multi-designer show including top names like Sabyasachi, Manish Arora, Pratap, JJ Valaya and few more and quoted the expense figure at Rs. 18Lacs. But when OC of CWG cribbed about lack of funds, FDCI offered to do it free by bringing in a Corporate Sponsor.
But what happened finally? A designer duo got the show and a huge sanction of Rs. 55 Lakhs to do the show during opening ceremony as well as the Closing ceremony.
FDCI quoted ‘Free of Cost’ fashion show with multiple top designers of India. Sumit Nair’s Company proposed a show with top names – Gudda and Tahiliani for Rs.38Lakhs. A designer duo quoted Rs. 55Lakhs and got it. What kind of economics the Organising Committee of the Common Wealth Games follow? I truly believe that the Common Wealth Games is treated as Personal Wealth Accumulating Games by Kalmadi and his dubious cronies.