A year after its relaunch, Scotch & Soda is once again in bankruptcy. Shops will remain open, however, and the brand is expected to resume trading under new ownership within two weeks.
Already a new candidate
The European part of Dutch fashion brand Scotch & Soda has been declared bankrupt. The news comes just one year after the company was bought by US investment firm Bluestar Alliance. According to FashionUnited, logistical problems are the main reason for the bankruptcy, and the company is still making a loss.
The bankruptcy of parent company S&S Europe affects operations…