Russian clothing brand Marcelo Miracles is on the verge of shutting down. Key employees...

Original source

Russian clothing brand Marcelo Miracles is on the verge of shutting down. Key employees received draft notices, and sales fell because of the crisis

The founder of Russian streetwear brand Marcelo Miracles said that his business is on the verge of shutting down. According to Mark Rodovsky, the company recently lost several key employees: all of them received draft notices from the military enlistment office over the course of a month. Then problems arose related to the difficult economic situation in Russia. The number of orders stopped growing, while expenses increased, causing the brand’s sales to fall by nearly 30%. The company may not survive the consequences of the fuel crisis at all.

We explain what this brand is known for and how it ended up in this situation.

Open with VPN | without VPN

@meduzalive

Meduza

“That moment has come. We’re f”

Russian streetwear brand Marcelo Miracles is on the verge of shutting down. Its founder, Mark Rodovsky, spoke about this in a video that appeared on July 14 on his Instagram, as well as on the company’s social media.

The Brand Was Handed to Crisis

Draft notices took staff, and sales fell by nearly 30 percent.

Light industry met a heavy state.