A big clothes model goes bankrupt: no purchaser discovered, shops closed completely

2024-06-19 11:33:39

The Dutch shops of the clothes model Scotch & Soda won’t restart, the trustees of the bankrupt firm mentioned on Wednesday. In line with them, critical pursuits have been proven however ultimately gave up as a result of they may not purchase the model. Outlets in Belgium may even shut their doorways, the Dutch curators add.

The bodily shops within the Netherlands will now shut, however the on-line retailer is managed by one other firm. The probabilities of a restart outdoors the Netherlands range from nation to nation. “The shops in Luxembourg and Belgium will shut anyway. In Austria, the trustee is in discussions with a celebration for a possible relaunch. In Germany too, a celebration is concerned regarding taking up sure shops, says curator Michel Moeijes.

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Chapter of a serious clothes model: a number of consumers

The Dutch clothes model introduced chapter final week, a couple of yr following a relaunch. The corporate was taken over final yr by the American firm Bluestar Alliance, however logistical issues compelled it to file for chapter once more. It’s the division that homes 92 bodily shops in 5 European nations (Netherlands, Germany, Luxembourg, Austria and Belgium) that’s bankrupt. The half that features the model itself stays within the arms of the Bluestar Alliance.

Scotch & Soda says it has 92 shops with a complete of 721 workers. Twenty-eight of those shops and 320 workers are based mostly within the Netherlands. In line with the corporate’s web site, Belgium has 21 shops, together with 18 in Flanders, two in Wallonia and one in Brussels.

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