Posted by TN on Feb 18th, 2016 //
Willie Joe Pierce
Macintosh Retail’s board has now filed for bankruptcy for its subsidiaries Steve Madden, Dolcis, Invito, Manfield, PRO Sport and the Dutch retail group’s eCommerce branch. The shoe chains’ parent company was declared bankrupt last week, but its subsidiaries do not seem to escape its downfall. Up until now, only a suspension of payment had been given to the majority of the remaining companies (including the Hoogenbosch Retail Group, which encompasses several other Dutch chains). Dutch media now expect the board’s request to alter its suspension of payment into a bankruptcy will be handled by a Maastricht court today. All stores and web shops will remain open for the time being.
Belgian subsidiary Brantano‘s shoe stores will continue to operate without any suspension of payment according to Belgian business paper De Tijd.
In the meantime, the board is still talking to several possible buyers and banks, with all cards still on the table, including selling separate divisions or splitting up the entire company into separate entities.
Macintosh Retail’s board has now filed for bankruptcy for its subsidiaries Steve Madden, Dolcis, Invito, Manfield, PRO Sport and the Dutch retail group’s eCommerce branch.
Le Fabuleux Marcel de Bruxelles’ production and logistics are now part of ZEB’s operations, which means its items will now also become available in the clothing chain’s 60 stores and…
Macintosh Retail Group’s management has decided to pull the plug and file for bankruptcy. It does not see a future for the company, which owns several distribution formulas.
American sports brand Nike has surpassed analysts’ expectations in the second quarter, mainly thanks to increased Chinese and North American demand.
French lingerie brand RougeGorge has launched new online service, which gives customers a chance to make reservations to either pick up the items in one of the chain’s stores or…
Macintosh Retail Group, which owns shoe chains Brantano, Manfield, Invito and Dolcis, has asked for suspension of payment. The company, led by Belgian Kurt Staelens, announced this before the stock…
American fashion company Levi’s new head of Global Retail, Carrie Ask, will start work on 16 February 2016. Not only that, she will also become vice-president of the company.
Dutch retail group Macintosh says it is in advanced talks with several potential buyers, but it does not expect to acquire a large sum of money as it has huge…
Dutch clothing chain Didi has opened a new store in Utrecht last week, making use of the Pretty Different concept. Nostalgic materials and modern design elements are the basis of…
Top model Gigi Hadid will become Tommy Hilfiger’s newest brand model, starting work in the fall of 2016 when she will start promoting the brand’s ladies’ collection. Aside from that…
Dutch clothing chain CoolCat’s turnover dropped 5 % in 2015, compared to a year ago. Founder Roland Kahn’s company mainly suffered in Belgium, where fewer customers visited its stores.
Over the first half of its fiscal year, British SuperGroup – which owns fashion brand SuperDry – managed to grow its turnover 22.3 % to 254.7 million pounds (349.9 million…
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