2023-10-24 13:24:00
“I’m stopping before it’s a disaster,” says Michael Thill, who took over the brand eight years ago. Several factors came together to add up to a complicated situation in the sector and ended up getting the better of this beautiful place. “
In particular a financial dispute with the Brussels Region regarding the granting of a loan during the Covid period. And a solution that doesn’t happen…
“I even went through the BESI center for companies in difficulty but nothing helped. If you add a very limited situation in the Horeca sector on which I am very dependent and you have the nails in my coffin . In 2021 and 2022, many establishments have been placed in PRJ, the last stage before bankruptcy and which has the gift of freezing a large part of debt. Including those of suppliers like me. In addition, restaurants buy less volume and pay later and later. The offensive of the supermarkets on wine and drinks has not helped. It has even deregulated the market.”
“Many Brussels restaurants are in great difficulty. The Horeca sector is doing badly”
Even individuals, those who came to find the right bottle from an unknown producer, look more at their wallets at a time when the superfluous is sometimes put aside.
“I have always had the support of my customers. They are disappointed that I stop even if they understand me.”
They understand it all the more as Michael hopes to bounce back. In the same sector. For now, the curator must take care of the stock… which a friend of Michael’s would like to buy back.
“I hope to be able to quickly open a new wine store space. In the same area. Probably on the Chaussée de Wavre.”
History that this stop is only a (short) parenthesis.
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