Even before Belgian fashion group FNG was declared bankrupt this morning, the banks have blocked its wages: it is possible employees have worked for nought last weekend.
The wages for July have been paid normally for the employees of chains like Brantano, CKS, Claudia Strter and Miss Etam, but the banks are blocking the wages since 1August, Belgian media report, citing both trade union ACV Puls and CEO Paul Lembrechts. Company cars and lorries were unavailable as well, as road taxes have not been paid in this new month.
The unions recognise the situation as a strike: “We do not want to send the employees into unsafe situations: if they choose not to go to work for free in these circumstances, we allow them to stay at home.” FNG…
Read the full article at: https://www.retaildetail.eu/en/news/fashion/banks-block-fng-wages-company-bankrupt