Naf Naf leaves Southern Europe: bankrupt in Spain, Italy, and Portugal

French fashion chain Naf Naf is closing its doors in Spain, Italy, and Portugal. New owner Beaumanoir is only taking over part of the assets, which means that after 30 years, the brand will disappear from the Spanish market, among others.

Liquidation begins

In Spain, insolvency proceedings for liquidation are starting, which should take just over a month. This means the end for eight franchise stores in cities such as Barcelona, Cádiz, and Pamplona. The webshop will also close, as will the 55 corners at El Corte Inglés, and the label will disappear from marketplaces in Spain and Portugal.