Clothes group Scotch & Soda is in search of a brand new operator

Entrepreneurship & Work•13 Jun ’24 15:53Author: Lotte van Coevorden

The initially Dutch trend model Scotch & Soda has gone bankrupt once more greater than a 12 months after a restart. In March final 12 months, the model was acquired by Bluestar Alliance, a model administration firm that manages a number of trend manufacturers. “We hope to discover a new operator,” says Michel Moeijes, curator at Tanger Advocaten.

Clothes group Scotch & Soda is in search of a brand new operator

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The chapter issues the Dutch firm and shortly additionally the businesses in Austria, Germany, Belgium and Luxembourg. “In complete, this issues 92 shops and greater than 700 staff, of which 28 shops and roughly 320 staff are within the Netherlands,” says Moeijes.

Why the restart failed requires additional investigation, the curator says. ‘Nevertheless it appears to be a mix of logistical issues and excessive prices. Collections arrived late in shops because of earlier disruptions and prices have been excessive, which shortly burned cash.’

New operator

Moeijes hopes to discover a new operator for a lot of the shops, in order that many staff can hold their jobs. Moeijes is presently approaching numerous events “and this type of media consideration helps with that,” he says. In line with him, it should occur shortly, particularly for the workers who’re presently in uncertainty. Curiosity has been expressed by one get together, and the curator expects extra responses within the coming days.

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The brand new assortment is prepared on the suppliers, however is presently not being delivered because of monetary issues. ‘As quickly as a brand new get together joins in, the machine can get going once more,’ says Moeijes.

Moeijes hopes to discover a new operator for a lot of the shops, in order that many staff can hold their jobs. (ANP / Peter Hilz)