The state-funded Nanushka has closed its stores, shrinking to a team of twenty.

Nanushka, a fashion brand, has closed all its stores and reduced its workforce to twenty employees due to severe financial difficulties. The company is facing delays in salary payments and severance packages, with ongoing disputes affecting financing negotiations. Despite a significant loss reported for the fiscal year, the founders claim demand for their products remains strong. The brand has previously received substantial state funding, but recent financial struggles have led to legal actions against it. The owners are currently seeking new investors to stabilize the company's situation and hope to resume full commercial operations after resolving ownership disputes.