Miss Etam and Promiss declared bankrupt – Focus on News

The Hague

The court in The Hague has Etam Group Retail, the parent company of fashion retailers Miss Etam and Promiss Tuesday declared bankrupt.

It all looked a long time for that the store could not avoid bankruptcy. The shops remain open despite the bankruptcy anyway. The unions expect to make the new owner of Etam a restart.

The Etam Group already sat for a while in financial dire straits, because declining sales.