The shoe group Limburg Euro Shoe, known under the Bristol brand, has filed for insolvency in the Netherlands. No candidate has been found to take over these 80 stores. It is different in Belgium, where four parties are interested in 115 stores. For example, the French company Chaussea wants to take over 62 stores.
The Dutch branch of shoe retailer Bristol officially declared bankruptcy on Monday. CEO Elise Vanodenhove and her team were unable to find a suitable buyer among our northern neighbours. This means that 80 stores will be permanently closed and all 370 employees will remain on the street. “I wish them much success and happiness in their careers and future lives,” the CEO said in a statement.
In Belgium, the cards are a little different. Several interested parties have already registered there. Euro Shoe Group hopes to sell 74 of its 115 Belgian stores. The French shoe chain Chaussea is already a candidate to take over 62 Bristol stores in our country. The French also want to take over the inventory and 13 employees in the head office.
“We are relieved that 62 stores can actually be reopened,” says Elise Vanodenhove. “But of course there could have been more. But overall, it’s a good thing.” The takeover is only final if the company’s court gives the green light.
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