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Naf Naf closed its last Belgian store, ending operations in the country after bankruptcy.
French fashion retailer Naf Naf has shuttered its final Belgian store in Brussels, ending its presence in the country after filing for bankruptcy, following similar closures across Europe.
The company’s Belgian operations are now under a receiver, with its parent, Beaumanoir, acquiring brand rights and 12 stores for rebranding.
Meanwhile, Dutch Claire’s has permanently closed after no buyer emerged, ending operations in nine stores.
In contrast, Danish fashion group Bestseller celebrated its 50th anniversary with record revenue and profits, while Zara won a trademark case in Spain and Zalando continues tackling return abuse and labor concerns.
Naf Naf cerró su última tienda belga, poniendo fin a las operaciones en el país después de la bancarrota.