Trdlokafe and Bubblify Hit by Crisis as Franchise Group Faces Debts
The Czech franchise group behind brands such as Trdlokafe and Bubblify is facing mounting financial and legal pressure, raising concerns among investors and business partners. The company, Twist, which once promoted plans to expand across Europe, has entered 2026 dealing with debt proceedings, store closures, and the loss of its Prague headquarters. Two creditor-led insolvency cases have been launched this year against companies within the group. Landlords, including major shopping centers such as Nový Smíchov and Harfa, are among those seeking repayment, alongside suppliers and contractors who claim outstanding invoices. Several outlets, including locations in central Prague, have shut their doors in recent months. Company representatives describe the closures as part of a broader effort to eliminate underperforming sites while opening new ones elsewhere. But some franchise operators tell a different story, saying they were not informed in advance about closures or operational changes affecting their businesses. At one site near Můstek operations have reportedly been transferred to another company under a management agreement, even though the original franchise holder remains listed as the owner. Such arrangements have added to confusion within the network and raised questions about transparency. According to available information, Twist has struggled to meet rent obligations,...
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