Monday, February 2, 2015

V & D is the week of truth has arrived – Parool.nl

V & D is the week of truth has arrived – Parool.nl

02-02-15 17:14 pm – Source: Het Parool

Logo V & amp; D © anp

For V & amp;! D breaks the week of truth. The survival of the group hangs by a thread

Q & amp; D denies that the bank credit have turned, as last weekend was reported by various media:. “It is not on the agenda that the banks 31 January no credit would provide more. The banks continue to provide credit. We are in talks with banks about future credit and long conversations walk, we make no representations

Resistance
V &. D tries drastic measures future to make the company’s safe, but faces strong resistance. Unions go to court if V & amp; D 1 February lowers the wages of 5,000 workers by 5.8 percent, as announced two weeks ago

The ‘rent sacrifice “that the owners of the properties. V & amp; D have to make, is in trouble for cases. The group wants the landlords agree to a rent-free period of four months.
Realty Company IEF Capital, owner of the buildings in Amsterdam, Utrecht, The Hague and Maastricht, the group has sued. In a lawsuit will claim IEF Capital evacuation of the stores.

Other property owners threatened with legal action. Elizen Realty has the department store officially held since V &. D has failed to pay the usual rent for February 1

Participation necessary
Q & amp; D refused Saturday concretely to go into the question whether the existence of the department store chain is in danger. “We work with heart and soul to a future for V & D in the Dutch retail landscape. To be successful, the contribution of all stakeholders is necessary: ​​the shareholder, banks, suppliers, landlords and employees, “said a statement

Q & amp; D, which has 63 stores, is. Since 2010 owned investment company Sun Capital. Who is willing to invest forty million euros in the company and the other parties provide the requested contribution

(By: Henk Schutten).

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