GA Europe takes over the activities, so let the trustees know Thursday. They have about an agreement with the former owner Cool Investments and Rabobank.
GA Europe, which previously also Schoenenreus took under his wing, is working on plans to restore the “financial and operational health” chain.
In the meantime the Dutch stores open for a sale of stocks. After a restructuring MS Mode will be continued as part of the Cool Investments Group.
There was great interest in a relaunch of the company, but financing ran into difficulties. Therefore, the works of MS Mode has made an urgent appeal to the previous owner, which finances the restart.
Within weeks, there should be more clarity on the future of the chain. According to curators Frits Kemp and Cees de Jong is the new start “very good news for many employees.” In MS mode works 2,300 people, including 935 in the Netherlands.
Negative sentiment
MS Mode early early August moratorium in. On August 11, the chain went bankrupt as a result of a “negative sentiment in the fashion industry” and disappointing sales of the winter collection.
Roland Kahn, the former owner of MS Mode, said earlier in an interview with RTL Z the collapse of the chain among others due to a lack of trust in primary bank Rabobank.
“They did not ask the bank to put in more money. the bank simply wanted to reduce the credit to zero. If it rains, you need a larger or the same umbrella, but the umbrella was gone, “says Kahn.
Kahn also pointed to himself as responsible. He was last year involved in a possible takeover of the bankrupt V & D, but saw a deal finally bouncing
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