Jewelry chain Claire’s declares bankruptcy in the Netherlands

The Dutch branch of jewelry chain Claire’s has been declared bankrupt by the Amsterdam court, according to the insolvency register. It had been previously reported that the American company was struggling with financial issues. There are nine Claire’s stores in the Netherlands, including locations in Amsterdam, Arnhem, and Rotterdam. Claire’s faces strong competition and is…

Renault launches ‘fake’ Franco Colapinto collection after ‘don’t go bankrupt’ warning

Fans of Franco Colapinto in Argentina have a new option to source their merchandise supporting their favourite driver. Last year, the then-Williams driver made comments that official merchandise could “bankrupt” F1 fans in his home country. Franco Colapinto ‘fake’ clothing and merchandise range is launched Since his arrival in F1 last year, the Argentine driver…

European potato processor CêlaVita declared bankrupt

According to reports, Dutch-based potato processor CêlaVíta was declared bankrupt on 12 August. Established in 1967, the company has become one of the best best-known suppliers of potato products to supermarkets, the food industry, hotels, restaurants, and institutions across Europe. The company was acquired by McCain in 2012, but sold to investment firm Nimbus in…

Bravo Brio Restaurants declares bankruptcy again

This is the second bankruptcy in five years for a parent company of Brio Italian Grille. | Photo: Shutterstock. Bravo Brio Restaurants, the parent of a pair of Italian casual-dining chains, declared bankruptcy on Monday, according to court documents.  The Orlando-based company estimated both its assets and liabilities at between $50 million and $100 million.…