Oilily rescue plan fails, shops stay closed

Hopes of a restart for the colourful children’s clothing company Oilily have ended with the receivers unable to find a buyer, the Parool reports on Saturday.

The 80 shops will remain closed and 600 people have lost their jobs, the paper said. Last month receiver Marc Molhuysen told the paper that 15 to 20 potential buyers had come forward.
The name Oilily has been sold back to Willem Olsthoorn, the man who started the company in the 1960s, Molhuysen told the paper. Olshoorn himself declined to say what his plans are with the brand.

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