faillissement

Roberto Cavalli is about to close all of its stores in the United States. The Italian fashion brand is circling the drain and has decided to dispose of its American activities in an effort to stay afloat.

Dutch fashion chain CoolCat is filing for bankruptcy: its eighty Dutch stores and their 1,100 jobs are in jeopardy after the hot summer and warm winter pushed down sales. Stores in Belgium, France and Luxembourg are not involved in the bankruptcy.

Makro Belgium will receive another 40 million euros from German parent company Metro, but that may well be the final lifeline. The Germans' patience with the loss-making Belgian branch is wearing thin: without a quick improvement the branch may be closed.

After the departure of River Island, New Look is the latest fashion chain to leave Belgium. The British company has filed for bankruptcy for its Belgian activities. New Look only has six stores left in the country.

Famous British music chain HMV has filed for bankruptcy for the second time. After a much more modest restart in 2013, the "tsunami of challenges for British retailers" has brought them down again.

Bankrupt American toy store chain Toys “R” Us will probably be brought to life again: the planned sale of the trademark rights was cancelled and creditors now want to establish a new retail group.

Dutch fashion chain Men At Work has found a new owner for its home market stores, as did the Belgian branch before. Victory & Dreams holding, which also owns Miller & Monroe and Witteveen Mode, acquires the bankrupt chain and promises the survival of at least ten stores.