The Dutch Tax Authorities are claiming €1.6 million, while the primary lender, Rabobank, was still owed nearly €2.7 million. Rabobank managed to limit its losses due to having property rights on the premises. The new operators, led by entrepreneur Nick de Ronde Bresser, paid €1.3 million for, among other things, the inventories and brand rights, of which €1.2 million went to the bank.
Van Lier had been struggling for a long time. The company was already burdened with debt from the COVID-19 period, reported a €1 million loss in the last financial year, and closed its seven stores, including the CAST location. In August, the management saw no alternative but to file for bankruptcy.
The showroom in CAST is currently also closed.
Source: Retailtrends
Translated with AI
Shoe brand Van Lier leaves behind multi-million debt
Shoe brand Van Lier, whose three subsidiaries went bankrupt in August, has left behind a multi-million-euro debt. This emerges from the initial bankruptcy reports filed by the trustee.
