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All Modis cheap clothing stores have closed in Krasnoyarsk

April 24 11:43

In Krasnoyarsk, both stores of the Modis chain stopped operating. The points were located in the Green shopping center and in the Na Svobodny shopping center.

The reason for the closure is the bankruptcy of the management company Clothes 3000. The legal entity filed an application for its own insolvency with the Moscow Arbitration Court in March.

The financial problems of the network became known at the end of 2025, Kommersant notes. In February 2026, Clothes 3000 JSC officially notified of insolvency, identifying the Chinese importer Shanghai Newidea International Trade as its creditor. Previously, the company lost two trials and had to pay 44 million yuan (about 569 million rubles).

As RBC writes, the founder of Modis, entrepreneur Igor Sosin, former co-owner of OBI and creator of the Old Man Hottabych network, died in December 2020. After his death, according to experts, the brand lost its development strategy and began to experience operational problems.

In addition, in 2025, 28 clothing and footwear brands left the market, 23 of which were Russian. Buyers began to save money and purchase non-essential goods less often.

Main photo: Rospotrebnadzor Krasnoyarsk

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Related links:

  • Shoe chain Zenden closes stores due to tax claims for 12 billion rubles

  • In Krasnoyarsk, Tsenalom is being asked to declare bankruptcy due to the owner’s debt of 5.5 million rubles



Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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