Sandra Sándor had a frenetic spring season, marking her Nanushka brand’s second decade in business by rolling its New York Fashion Week runway debut and Mercer Street store opening into one celebratory week. Pre-fall provided her a moment to stop and smell the roses. The Hungarian designer reflected on memories of nature hikes with her father for a collection that straddled town, country and coast.
Zara announces a new partnership with the global fashion house Nanushka. Dedicated to menswear, jewelry and homewares, the collections epitomise the independent house’s ethos of innovative craft and functional beauty. Founded in Budapest by Sandra Sándor in 2005, Nanushka’s progressive design sensibility is deeply rooted in Hungarian aesthetic tradition. It also reflects its history as a cultural crossroads and the designer’s intuitively forward-facing approach.
To celebrate 20 years in business, Nanushka staged its debut runway show in New York — a place of significant meaning to Hungarian founder Sandra Sándor, who previously held presentations in London and Paris. Titled “Paper,” the spring collection was designed to reflect the Budapest label’s past, while looking toward its future.
It’s a challenging time to be an independent fashion brand: several have folded their businesses in recent weeks amid “upheaval” in the wholesale market. Against this backdrop, Vanguards Group — owner of Nanushka, Sunnei and Aeron — has entered a strategic partnership to outsource the global wholesale distribution of Nanushka to brand development platform Tomorrow Ltd. Nanushka is also planning to return to the fashion calendar with a show in September.
In recent years, Budapest-based brand Nanushka has made its mark on the fashion world. Not only have its sustainable designs been a hit with customers, they’ve also redefined the concept of what modern luxury looks like. Here, we sat down with founder and creative director Sandra Sandor to find out more about her pioneering approach.
On May 4 2023, Nanushka signed a financing agreement with SIG-i Capital AG, via the SIG-i EURO MEZZ fund. The transaction includes funding worth €10 million in the form of mezzanine financing, and implies an intrinsic valuation of more than €100 million for Nanushka. The funds will be used to refinance existing debt and provide additional liquidity to accelerate the company's next growth phase, including expansion in Asia and the United States, among others.
Hungarian womenswear and menswear luxury label Nanushka is targeting Chinese consumers by launching on Alibaba's ecommerce platform Tmall and opening its first Asia store in Shanghai. Nanushka will also open an additional store in Chengdu later this year, as part of plans to operate nine standalone stores in China by 2026, amid growing demand for niche luxury brands.
Congratulations to Nanushka co-founders Sandra Sandor and Peter Baldaszti on their inclusion in The Business of Fashion 500, the definitive index of people shaping the global fashion industry. The co-founders of Nanushka and parent company Vanguards are building a portfolio of digitally-savvy contemporary brands.
Nanushka founder and creative director Sandra Sandor has long been pushing her conscious contemporary label’s sustainable credentials through the use of certified materials. Now the Hungarian fashion designer, who shows the co-ed line in London and Paris, is going a step further and getting involved at the R&D stage through a partnership with Budapest's Moholy-Nagy University of Art and Design (MOME). Together the new partnership will launch the Conscious Textile Group to research post-production textiles and circularity.
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With celebrities such as Rihanna, Justin Bieber and Billie Eilish wearing its designs, Hungarian fashion house Nanushka has stardust many designers can only dream of. Yet the company is just one of a number of upstart designers from central Europe elbowing their way to the top of global fashion, showcasing their collections on the catwalks of London, Paris and New York as they target lucrative markets such as China and the United States. Once a struggling local brand, Budapest-based Nanushka has seen annual revenue grow 33-fold to 33 million euros ($38.32 million) since a private equity firm came aboard in 2016.
The Hungarian fashion label Nanushka opened a store in London on Friday. Speaking at the opening, Péter Szijjártó, the minister of foreign affairs and trade, said it was crucial for Hungary to have businesses that can succeed internationally. Building global brands, he said, was one of the pillars of Hungary’s economic policy.
The Financial Times has published its fifth annual list of Europe’s 1000 fastest-growing companies, ranking Nanushka high at number 70. With an absolute growth rate of 1601.9%, Nanushka International Zrt. is simultaneously at the forefront of the Central and Eastern European region, and a clear leader in the fashion industry as a whole: only six companies from the region were ranked among the first 100; and out of all fashion companies on the list, Nanushka occupies the highest position.
The Budapest-based fashion brand is committed to cirularity, community and earth. Nanushka has released its first sustainability report in an effort to assure its customers that the issue is still of upmost importance to the company despite a pandemic that has derailed much of the fashion community.
Nanushka has joined the list of brands offering their assistance to combat the ongoing coronavirus pandemic. The contemporary fashion house took to Instagram to announce that it will be retooling its atelier to manufacture and distribute reusable protective masks made from the brand’s unused fabric. Around 2,000 masks will be produced each week for the next four weeks, in which the label will be giving out to customers free of charge with online orders. Additionally, Nanushka will be donating the reusable masks to key organizations that help those most in need amid the crisis.
We are proud to announce that our portfolio company, Nanushka, has been included in the latest Financial Times list of the 1000 fastest-growing companies in Europe. This is a huge success not only for the Company and GB & Partners but also for the whole Hungarian fashion industry.
Szandra Sándor, the founder of the world-famous Hungarian fashion brand Nanushka, had recently talked about her favorite places in Budapest during an interview with the Financial Times. The fashion designer said that the capital city of Hungary is giving her a lot of inspiration for her work.
Hungarian designer fashion brand Nanushka is receiving a HUF 300 million injection in several stages from Exim Növekedési Magántőkealap, a private equity fund managed by Hungarian-owned GB & Partners Venture Capital Fund Management. The capital is planned to be used for raising the company’s online presence as well as boosting online sales.
