The Kranj District Court launched the procedure on 6 November, with creditors given until 6 February 2026 to file claims.
A total of 644 creditors have reported €67 million in claims, with NLB bank (€12 million) and Giorgio Armani (€5 million) among the largest. Majority-owned (75%) by the Alfi equity fund, Sportina posted a €19 million net loss in 2024 and just €17 million in revenue, down sharply from €40 million in 2022.
The company’s owners have reportedly concluded that continuing operations is no longer viable. By September, Sportina had €38 million in negative capital and only six stores left in Slovenia, employing 39 people.
In its prime, Sportina was one of the region’s leading fashion retailers, led by founder Bahtijar Bajrović, who once ranked among Slovenia’s wealthiest. Stores and stocks in other ex-Yugoslav markets have since been acquired by Serbia’s Fashion Company (Fashion&Friends), which plans to expand its premium fashion presence in Slovenia as well.
