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Jugoexport was a Yugoslav and Serbian import-export company that developed a prominent retail and fashion business before becoming defunct after bankruptcy in 2001.

Last updated August 25, 2026

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Overview

Jugoexport was an import-export company established in 1953 in Belgrade, then the capital of the Socialist Federal Republic of Yugoslavia. Although its original activity centered on importing and exporting goods, the company also developed a substantial retail operation selling imported products. Over time, it became one of the leading businesses of its type in Yugoslavia and maintained a presence in major cities across the former country. The company became particularly visible in fashion. Its buyers and designers selected products associated with creators from around the world for import into the Yugoslav market. In 1970, fashion designer Mirjana Marić joined Jugoexport and helped establish an in-house line of clothing manufactured locally for export. The collections were produced in some of the largest clothing factories and fashion houses in the Socialist Federal Republic of Yugoslavia. This arrangement connected Jugoexport's retail and import-export infrastructure with domestic apparel production and gave the company an identifiable role in the Yugoslav fashion system. In 1990, Jugoexport launched the My way project, led by Gorica Popesko Pešić. The project represented a late attempt to develop or renew the company's fashion-oriented activity at a time when the political and economic environment of Yugoslavia was rapidly deteriorating. The subsequent breakup of Yugoslavia and the Yugoslav Wars severely disrupted the company's operating environment. International economic sanctions imposed in 1992 made trade more difficult, reducing the conditions in which Jugoexport's import, retail, and fashion activities could function. The sanctions, regional conflict, economic dislocation, and broader political transformation weakened Jugoexport's business and diminished its influence on the Serbian fashion scene. The company eventually went bankrupt in 2001. Its Belgrade building passed to the state, but the property could not be sold for many years because of its poor technical condition, obsolescence, and high operating costs. A former subsidiary, Jugoexport Stil, based in Skopje, North Macedonia, remained the principal remnant associated with the former enterprise in the modern period. Jugoexport is therefore best understood as a defunct Yugoslav corporate and retail enterprise with a significant historical connection to apparel and fashion, rather than as a current sportswear brand.

History

Jugoexport was established in 1953 in Belgrade, at that time the capital of Yugoslavia. It began as an import-export company and expanded into retail, selling imported goods to consumers. As its network and commercial reach grew, it became one of the leading enterprises of its type in Yugoslavia and operated in major cities across the former country. Fashion became an important part of the company's identity. Jugoexport's designers and buyers selected products created by designers from around the world for import into the Yugoslav market. In 1970, fashion designer Mirjana Marić joined the company and initiated an internally developed clothing line. Unlike the imported merchandise that had formed part of Jugoexport's original retail proposition, this line was produced locally and intended in part for export. The collections were manufactured by major clothing houses and factories in the Socialist Federal Republic of Yugoslavia, linking the company with the country's established garment-production system. In 1990, Jugoexport started the My way project, which was headed by Gorica Popesko Pešić. The initiative emerged shortly before the collapse of the Yugoslav political and economic order. From 1992, economic sanctions imposed in connection with the Yugoslav Wars and the continuing breakup of Yugoslavia made international trade and normal commercial activity increasingly difficult. The resulting disruption harmed Jugoexport's business and contributed to the disappearance of its former influence on the Serbian fashion scene. Jugoexport went bankrupt in 2001. Following the bankruptcy, its Belgrade building became state property. The building remained difficult to dispose of, and the state was unable to sell it until 2016 because of its poor physical condition, outdated design, and high operating costs. The former subsidiary Jugoexport Stil, based in Skopje, North Macedonia, was described as the principal surviving remnant associated with the company in the modern period. Jugoexport is now defunct, but its history illustrates the role that Yugoslav import-export and retail enterprises played in bringing foreign goods into the domestic market while also supporting locally produced fashion.

  • 2016

    Former Belgrade building remains unsold until 2016

    [1]

    The state was unable to sell the company's former building until 2016 because of its poor condition, obsolescence, and high operating costs.

  • 2001

    Bankruptcy

    [1]

    Jugoexport entered bankruptcy after years of worsening commercial conditions.

  • 1992

    Sanctions affect operations

    [1]

    Economic sanctions associated with the Yugoslav Wars and the breakup of Yugoslavia placed severe pressure on Jugoexport's business.

  • 1990

    My way project launched

    [1]

    The company began the My way project under the leadership of Gorica Popesko Pešić.

  • 1970

    In-house clothing line begins

    [1]

    Mirjana Marić joined Jugoexport and began developing locally manufactured clothing collections for export.

  • 1953

    Company established in Belgrade

    [1]

    Jugoexport was founded as a Yugoslav import-export company in Belgrade and later developed a significant retail business.

Products and positioning

A broad-based Yugoslav import-export and retail enterprise that combined imported international merchandise with locally produced apparel and fashion collections.

  • Import retail · 1953

    Imported consumer goods

    Jugoexport began by importing goods and selling them through its retail business. The company's buyers selected products associated with creators from around the world, giving consumers in Yugoslavia access to merchandise that was not locally produced. Specific product categories are not detailed in the available reference material.

  • Apparel · 1970

    Jugoexport in-house clothing line

    Beginning in 1970, Jugoexport developed its own clothing collections under the direction of fashion designer Mirjana Marić. The garments were manufactured locally by major clothing houses and factories in the Socialist Federal Republic of Yugoslavia, with the collections intended for both domestic visibility and export.

  • Fashion project · 1990

    My way

    My way was a Jugoexport project launched in 1990 and headed by Gorica Popesko Pešić. Available material identifies it as a fashion-related initiative, but does not provide enough detail to establish its precise product range, retail format, or commercial results.

Marketing campaigns

  • 1990My way

    Yugoslavia

    Jugoexport launched the My way project as part of its fashion activity. Gorica Popesko Pešić headed the initiative during the final period of the Yugoslav state.

    Outcome. The project was overtaken by the political and economic upheaval of the early 1990s; the available source does not report separate commercial results.

Brand decisions

  • 2001

    Enter bankruptcyOther

    Background

    Sanctions, the breakup of Yugoslavia, war-related disruption, and worsening business conditions had weakened Jugoexport over the preceding decade.

    Action taken

    Jugoexport entered bankruptcy.

    Aftermath

    The former Belgrade building passed to the state, while the company's former subsidiary Jugoexport Stil in Skopje remained associated with the enterprise.

  • 1990

    Launch the My way projectStrategy

    Background

    Jugoexport sought to continue its fashion-related activities as Yugoslavia approached political fragmentation and economic crisis.

    Action taken

    The company initiated the My way project under the direction of Gorica Popesko Pešić.

    Aftermath

    The initiative operated in an increasingly unstable environment and did not prevent the later decline of Jugoexport's commercial and fashion influence.

  • 1970

    Develop a locally manufactured apparel lineProduct launch

    Background

    Jugoexport had previously built its retail identity around imported merchandise selected from international creators.

    Action taken

    After Mirjana Marić joined the company, Jugoexport began producing its own clothing collections locally for export through major Yugoslav clothing houses.

    Aftermath

    The initiative strengthened Jugoexport's connection with Yugoslav fashion and domestic garment manufacturing, although later sanctions and economic disruption undermined the company's influence.

Sources1 sources

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