Mexx's German branch also bankrupt | RetailDetail

Mexx's German branch also bankrupt

Mexx's German branch also bankrupt

Fashion chain Mexx's German branch has been declared bankrupt, just like the Dutch branch earlier this month. In total, some 35 stores are affected, although they will remain open for the time being as the chain may continue in a slimmed down capacity.

Lower turnover

Mexx Germany managed a 2013 turnover of some 40 million euro, but wasn't able to repeat that feat in 2014. As the German stores no longer had the financial support from its Dutch parent company, it became really difficult to survive and - prompting its bankruptcy. Guardian George F. Kreplin emphasizes the stores will remain open, while he will also try to keep incoming shipments going.


Mexx Netherlands went bankrupt at the beginning of December and its guardian also decided to keep its 315 stores open. The company had been struggling for a few years already.

Questions or comments? Please feel free to contact the editors

Colruyt removes Nestlé products from its shelves


Colruyt has taken at least 18 Nestlé products from its shelves, because it failed to reach a deal about the pricing. For that reason, the products have been temporarily removed from Colruyt stores.

Supermarkets react to European farmer welfare proposal


Some supermarkets are not happy about the European Commission’s intention to give farmers higher prices. Dutch, German, Austrian distributors warn this will lead to higher prices for the consumers.

Jupiler will disappear for a few months


AB InBev’s latest marketing stunt is rather unusual: its popular Jupiler brand will disappear from the shelves until July. In order to “support” the Red Devils at the World Cup football (or to benefit from their popularity), it will be rebranded to Belgium.

Colruyt joins PostNL's grocery service


The mailman will deliver groceries every two weeks from now on: PostNL will collaborate with new grocery service Stockon in the Netherlands. A remarkable fact is that its private label brands are Boni, which is Belgian supermarket chain Colruyt’s private label.

European purchase alliance Agecore puts pressure on Nestlé


European purchase alliance, Agecore, has threatened to cut 160 Nestlé products from its list unless the Swiss agree to better conditions. Colruyt, Coop and Edeka are members of Agecore.

Kraft Heinz does not meet expectations


American Kraft Heinz failed to live up to analysts’ fourth quarter expectations, both when it comes to turnover and profit. It did manage a 900 % increase of its profit, but that did not convince any analyst.

Back to top