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
Intermetzo, one of the largest child welfare institutions in the Netherlands, is facing bankruptcy. The company is suffering from municipalities paying their bills late, NRC reports based on anonymous sources.
Fashion designer Marlies Dekker is testifying under oath in court on Friday about the run-up to her company's bankruptcy in 2013. This testimony was requested by previous shareholders and creditors
Frustration among a throng of shoppers turned into a fight at the final liquidation sale of a V&D department store location in Rijswijk, Zuid-Holland. The store, which had a massive number of people trying to get inside during the day, was forced to shut its doors early when police arrived on the scene.
A plan submitted by British retail firm JD Sports Fashion Plc to take over beleaguered Dutch stores Perry Sport and Aktiesport won approval by the administrator in the Netherlands handling the bankruptcy of their parent firm, Unlimited Sports Group (USG). Most stores will remain open under terms of the deal, and most of the employees will retain their jobs, the administrator announced on Wednesday.
The bankruptcy curator working on the bankruptcy of Perry Sport and Aktiesport is filing a law suit against the stores' four banks over unpaid wages for the staff.
The Herman Renz circus tent was sold for 80 thousand euros at an auction in Ermelo on Friday. The auction was organized by the tax authorities in an effort to recover debts from the bankrupt circus.
The court declared USG, parent company of Perry Sport and Aktiesport, bankrupt on Tuesday afternoon. Many parties are showing interest in taking over the two sporting goods chains. Dozens of potential buyers already made themselves known.
The tax authorities will be auctioning off bankrupt circus Herman Renz's circus tent on Friday afternoon
A plan to rescue Dutch department store V&D came to a sudden end on Tuesday when potential buyer Coolinvestments pulled out of talks with the retail outlet's bankruptcy curators. Coolinvestments, a local firm owned by clothing industry magnate Roland Kahn, said it was simply not possible to get all parties involved onboard with their vision of a relaunch.
Dutch supermarket firm Jumbo will take over the reigns of La Place restaurants in a deal approved by the administrators overseeing the restaurant parent, V&D’s bankruptcy. Jumbo will initially take over 60 restaurants, the company’s assets and its headquarters, the administrators announced on Tuesday.
The court in Amsterdam officially declared struggling retail group V&D bankrupt on Wednesday. The V&D stores and La Place restaurants will remain open for the time being, but the 10,300 employees working for the group are almost certainly out of work
The week before Christmas was tough on the retail sector in the Netherlands. On Tuesday both Macintosh, owner Scapino, Dolcis and Manfield, and V&D filed for suspension of payment. On Wednesday the drugstores DA Retail Group was added to the list. All in all some 16 thousand jobs are at risk, given that suspension of payment is nearly always followed by bankruptcy.