Scotch & Soda’s on-line actions are taken over by United Legwear & Attire Europe. Bluestar Alliance, the present proprietor of the retail chain, will proceed to retain the trademark rights.
This reviews Style United. The US firm appoints United Legwear & Attire Europe as licensee for its e-commerce actions with the plan to strengthen key retail markets and drive digital development rapidly and strategically.
Attainable restart in different nations
In response to Style United, Bluestar Alliance United signifies in a press launch that Legwear & Attire Europe is a powerful and financially safe accomplice for Europe. ‘We stay dedicated to sustaining a powerful presence in Europe, together with the Netherlands, the place Scotch & Soda performs an essential function.’ Though the Northern European department won’t restart, this doesn’t imply that the chain will disappear in all affected markets. For instance, the curators are taking a look at a doable restart in Germany and Austria.
No takeover of the model
Solely yesterday it was introduced that it had not been doable to appreciate a restart for Scotch & Soda, which was declared bankrupt once more final week. In response to the curators, there have been folks fascinated by a restart, however they dropped out after it turned out {that a} takeover of the Scotch & Soda model was not an choice.
