Bankrupt clothing retailer partner Kira Plastinina continues to buy up its assets

The Ayu-textile company won the auction for the sale of the property of the Ozersky Manufactory company, which owns a factory building on 3400 sq. m and production equipment in Ozery near Moscow. This follows from the protocol of the auction published on the website of the Unified Federal Register of Bankruptcy Information. The transaction amount will be 49.8 million rubles.

The manufactory itself, according to SPARK-Interfax, is still owned by the former owner of the Wimm-bill-Dann holding and the father of designer Kira Plastinina, Sergei Plastinin. The factory was used to produce clothes under the Kira Plastinina brand. The company itself was established back in 2007, and Plastinin, as former CEO of the group Igor Mukhachev reported several years ago, invested at least 3 billion rubles in its promotion.

In its best years (2008-2013), the chain had 279 Kira Plastinina stores in seven countries. Another 56 boutiques in 16 countries operated under the Lublu brand. But the company failed to break even. In 2017, the bankruptcy of the group’s legal entities began, at the same time Plastinina moved to the United States (now she works as vice president of investment management at the Labora financial holding in Dallas, according to her website). Network management in Russia was transferred to local managers, among whom was the former general director of the company Olga Ufimkina. They tried to revive the group’s business by launching sales of new brands – “Kira and I”, Kira Plastinina Mary’s and The Hot Kira Plastinina. But, according to SPARK-Interfax, now of all the legal entities created for these purposes, only one continues to operate – ShP Olesya LLC (Ufimkina owns 90% of the shares in it), this company is a licensee of several trademarks Kira Plastinina.