Business · Companies · 7 hrs ago
Simorra wins Brava Fabrics’ business unit and will keep three stores
A Barcelona court awarded Brava Fabrics’ business unit to Simorra.
Brava Fabrics is a sustainable fashion company that entered insolvency proceedings in the summer with debt of nearly two million euros.
Simorra will take over three of Brava’s five stores, in Barcelona, Madrid and Palma de Mallorca.
The deal is expected to save seven jobs.
Two other stores, one in Barcelona and one in San Sebastián, are not included.
Brava had annual sales of about five million euros and attracted interest from other potential buyers.
Simorra says its financial strength can help revive the company.
A commercial court in Barcelona has awarded sustainable fashion brand Brava Fabrics’ business unit to textile group Simorra.
Simorra will keep three of Brava’s five stores, in Barcelona, Madrid and Palma de Mallorca.
The deal is expected to preserve seven jobs.
Two stores are excluded: a second location in Barcelona and a store in San Sebastián.
Brava entered insolvency proceedings in the summer with debt close to two million euros.
- Who
- Simorra and Brava Fabrics.
- What
- A Barcelona commercial court awarded Simorra Brava Fabrics’ business unit. Simorra will keep three of Brava’s five stores.
- When
- The ruling was reported on 15 October 2026; the insolvency filing took place in the summer.
- Where
- Barcelona, Spain; the retained stores are in Barcelona, Madrid and Palma de Mallorca.
- Why
- Brava entered insolvency proceedings with debt close to two million euros. The court awarded its business unit to Simorra.
This story does not have two clearly opposing sides.
Brava Fabrics entered insolvency proceedings with debt close to two million euros.
A Barcelona commercial court awarded Brava Fabrics’ business unit to Simorra.
- Retained stores
- 3 of Brava Fabrics’ 5 stores
- Store locations
- Barcelona, Madrid and Palma de Mallorca
- Jobs preserved
- 7
- Debt
- Close to €2 million
- Sales
- About €5 million