Alok Assumes Control Over Next Creations
March 14, 2014,
DALLAS-Alok International has taken full management control of Next Creations, including the company's branded business, its license with Charisma, and the Raymond Waites Design brand in all applicable categories.
Michael Vidra is continuing as president of Next Creations and reports to Arun Agarwal, Alok's CEO. Agarwal is taking on the additional responsibility of CEO of Next Creations and is joining the company's board. Alok had invested in Next Creations in 2010 with the objective of strengthening its U.S. operations and design capabilities, according to an Alok statement.