This allows the company to know Friday.
It is the holding company and operating company in the Netherlands. The Dutch shops and shop remain open.
MS Mode also has offices and shops in Belgium, Luxembourg, Germany, France and Spain. As yet there are no consequences for the international activities of MS Mode.
Earlier Friday became clear that the company has requested a suspension. The management attributes the financial problems to the negative sentiment in the fashion industry. Would have had MS Mode suffered from the mild winter. The chain has had to sell part of the winter at lower prices.
Frits Kemp and Cees de Jong are appointed as administrators. They will discuss with the management of MS Mode the possibilities to continue the business. There were already talks with parties that the company may want to take over completely or in part.
MS Mode has some 130 branches and 660 employees in the Netherlands. In total, the company has approximately 2,300 employees and four hundred stores. The collection is made in the Netherlands
No comments:
Post a Comment