Several subsidiaries of the Brabant shoe brand Van Lier have been declared bankrupt and its web shop is offline. The parent company is also reported to have filed for bankruptcy.
No surprise
The webshop of shoe brand Van Lier has been taken offline and several subsidiaries appear to have been declared bankrupt: they are Van Lier b.v., Van Lier Amsterdam b.v. and Van Lier Shoes b.v. According to Emerce, the parent company Van Lier Holding b.v. is not yet bankrupt, but it has filed a bankruptcy petition. The court in Amsterdam will hear that case on Aug. 20.
The news is not a big surprise: only a few weeks ago it was revealed that the company was urgently looking for capital or an acquirer. The shoe brand suffered a net loss of nearly a million euros last fiscal year. Earlier this year, Van Lier had to close its seven physical stores, after which the subsidiary behind the retail branch went bankrupt. The intention from now on was to sell only through its own webshop and external marketplaces.
Van Lier, founded in 1815, is a true tradition brand in the Netherlands, known for its handmade leather shoes.
