A 12 months after its restart, the European a part of the style home Scotch & Soda is bankrupt once more. Logistical issues are mentioned to be the trigger. The chapter additionally applies to the Belgian branches. The chain hopes to have the ability to make a brand new begin.
Scotch & Soda sees one other doable finish looming. Chapter has been filed for the European a part of the initially Dutch style home, together with the Belgian branches. The opposite international locations concerned are Germany, Luxembourg and Austria. Within the 5 international locations collectively, the chain says it has 92 shops and 721 staff. The shops will nonetheless stay open and the curator hopes to make a restart inside two weeks, numerous Dutch media report. Scotch & Soda was acquired greater than a 12 months in the past by the American funding firm Bluestar Alliance. In line with Dutch sources, logistical issues are the premise of the brand new chapter. Scotch & Soda would subsequently nonetheless be loss-making. The curator speaks of a debt operating into tens of thousands and thousands. There may be additionally discuss of a doable restart. In session with model proprietor Bluestar Alliance, the gross sales actions can be continued by one other social gathering in about two weeks.
