Nearly three years after being declared bankrupt, retailer V&D is back, but only as an online store. The online store is focused on the "interests of active over 40 year olds, such as travel, hobbies, health, lifestyle, gardening and fashion", AD reports.
Dutch travel agency FlyOrange is filing for bankruptcy. All FlyOrange flights will be canceled in the coming weeks. This involves dozens of flights from Rotterdam The Hague Airport and Brussels to destinations in Morocco. Hundreds of travelers will be affected, RTL Nieuws reports.
FlyOrange director Roy Smit confirmed to RTL that the company is filing for bankruptcy on Friday. "We are debt-free, but we do not have any assets at this moment because of a payment arrears from our partner Aviatrade." Aviatrade carries out flights for FlyOrange.
FC Twente is threatening to file for bankruptcy if the Enschede city council does not stand guarantee for 7 million euros, newspaper Tubantia reported on Thursday. There is not much political willingness to stand guarantee for more money for the football club, sources told the newspaper.
Dutch retailer Leapp, which sells used and refurbished Apple devices, was declared bankrupt on Friday. The 24 Leapp stores will remain closed for the time being, as this will give the chain the best chance of a restart, according to bankruptcy administrator Kees van de Meent, NU.nl reports.
Dutch company Koinz Trading was declared bankrupt by the court of Amsterdam on Wednesday. The company, which offered customers access bitcoin mining machines and cryptocurrency investments, is facing dozens of customers demanding compensation for damages, the Telegraaf reports.
Customers never received access to the mining machines they invested in, and therefore also not the Bitcoins they could've mined, according to the newspaper. Lawyer Marco Kalmijn told the Telegraaf that around 60 customers are trying to recover "many millions" from Koinz Trading.
Kijkshop closed all of its stores on Monday and Swedish owner The One filed for bankruptcy on Tuesday. Some 400 people are now facing unemployment, NU.nl reports.
The chain suffered under the changing retail world, where customers increasingly opt to shop online. Last year Kijkshop already closed 20 of its total 87 stores because they were no longer profitable. Some stores were sold to Neckermann. At the time the group stated that it wanted to maintain its physical store locations in addition to its online activities.
The number of companies in the Netherlands being declared bankrupt continues to decrease. In August 39 fewer companies were declared bankrupt than in July, Statistics Netherlands reported on Monday. The number of bankruptcies in the Netherlands is now at its lowest level since 2001.
A total of 258 companies and institutions, excluding sole proprietorships, were declared bankrupt in August. The trade sector saw the most bankruptcies with 67, followed by financial institutions (35) and the construction industry (25).
Claim organization Massaclaim is intervening in the so-called fipronil crisis. The organization launched a website where affected poultry farmers can register for support in dealing with the problems resulting from millions of eggs being recalled from supermarkets because they contain too high quantities of toxic insecticide fipronil.
Bankrupt women's fashion chain Witteveen is making a restart. A group of Dutch investors, united in the newly established Witteveen Retail B.V., signed a restart agreement with the bankruptcy administrator, the administrator announced on Tuesday, NU.nl reports.
Witteveen currently has 72 stores. The new owners want to keep as many of these stores, and the jobs in them, as possible. How many stores can be saved will depend on, among other things, the negotiations with the landlords. Before the bankruptcy, Witteveen had 94 stores and 400 employees.
Dutch food and consumer product safety authority NVWA denies that it first learned that eggs were maybe contaminated by toxic fipronil in November last year. The authority did receive a report about fipronil in that month, but that report only stated that it had been used to clean stables - there was no reason to believe that it could end up in eggs and pose a potential health risk, inspector general Rob van Lint said on Wednesday, RTL Nieuws reports.
Fashion chain Tuunte was declared bankrupt by the court in Zutphen on Tuesday, director Louis van Andel announced. He already informed the 250 employees working in the 45 Tuunte stores. The stores will likely remain open for the time being, and a bankruptcy administrator will investigate whether a restart is possible, ANP reports.
The bankruptcy administrator working on fashion chain Witteveen has good hope that a restart will be possible and that as many jobs as possible will be reserved, he said in a press release. According to administrator Rinke Dulack, "a fair number of candidates" signed up to realize a restart for the bankrupt company, NU.nl reports.
Dulack made a selection from the candidates and is discussing a possible restart with a number of parties. He added that the process may "take some time".
There is a real chance that bankrupt fashion chain Witteveen may be saved. Other retail chains showed interest in a full or partial acquisition of the struggling company, the Telegraaf reports based on sources around bankruptcy curator Rinke Dulack of Utrecht law firm Van Benthem & Keulen.
Dutch women's fashion brand Witteveen was declared bankrupt, the Telegraaf reports. The 98 stores in the chain may not be open on Wednesday and the about 400 employees will be left on the streets, according tot he newspaper.
The bankruptcy came as a result of excessive outstanding taxes. According to the newspaper, the Tax Authorities requested the bankruptcy because the company would not hold to a payment scheme.
The number of personal bankruptcies dropped to its lowest level since 2000 in 2016, continuing the downward trend of the last three years, Statistics Netherlands said on Tuesday. Last year there were a 1,545 personal bankruptcies in the Netherlands, about a quarter less than in 2015 and 62 percent less than in 2013.
According to Statistics Netherlands, the decrease can be attributed to the fact that economic conditions in the Netherlands improved significantly since 2013.
The former director of a bankrupt family business in Rijswijk is the main suspect in a shooting at the Thialf ice skating stadium in Heerenveen on Saturday. Businessman Bert Jonker was injured in the shooting. Jonker's company picked up the bankrupt estate of the main suspect's company in 2015, the Volkskrant reports.
Dutch freighter MS Pioneer was finally allowed to dock at the port of Gibraltar. The ship was anchored off the coast for almost two months because the ship's owner Flinter went bankrupt and could not pay the docking fees. Eleven crew members were stuck on the ship all that time, NOS reports.
Dutch football association KNVB wants to kick amateur clubs caught committing tax fraud out of the league, Jan Dirk van der Zee, director of amateur football at the KNVB, said in a broadcast of Zembla on Wednesday
Willy Selten, owner of a now bankrupt meat wholesaler of the same name, must pay the bankruptcy administrator for his business 1 million euros, the court in Oost-Brabant ruled on Wednesday. That amount may increase even further if the court deems it necessary at a later date
The administrators working on fashion retailer MS Mode's finances are filing for bankruptcy for the company. The current situation is no longer tenable, the administrators said to NU.nl. Dismissal will be requested for the 660 employees working at the 130 MS Mode branches in the Netherlands.
Fashion chain McGregor is making a restart as Doniger Fashion Group, but at the cost of 200 employees. These are employees whose been working for the fashion house for a long time, Doniger announced on Friday
The court in Zutphen declared liquor store chain Mitra bankrupt on Thursday after a long period of financial difficulty. This means that 24 stores owned by Mitra are closing down and 144 employees may lose their jobs
Fashion chain McGregor filed for bankruptcy for 11 of the group's 50 parts, the company announced on Tuesday. For the time being all stores and online shops will remain open
Two participants in popular Dutch reality show Ik Vertrek now seem to be defrauding tourists visiting South Africa. Television program Groeten van MAX visited the couple, Peter and Heike, after it became clear that they defrauded several families out of tens of thousands of euros