Initial plans to open 20 Hudson’s Bay department stores in the Netherlands have been narrowed to 15. The retailer announced that it is currently focusing on stores that are in development and denies financial problems.
Dutch sports retailers is starting afresh with new owner, British retailer JD Sports. The continuity of a large number of shops, and thus employment, is ensured by the deal but the agreement still has to be approved.
Vroom & Dreesman, the largest department store chain in the Netherlands, has been granted protection from creditors after failed efforts to turn around the troubled business, the company said on Wednesday.
Private equity firm Sun European Partners said on Monday it has bought British value fashion chain Bonmarche from administrators KPMG, saving 2,300 jobs.The sum paid for Bonmarche, which trades from 394 stores, was...