Retail group Macintosh goes bust, looks at sell-off

Image of men's shoe shopHigh street retail group Macintosh, which was granted court protection from creditors just before Christmas, has now applied for bankruptcy.

Macintosh operates the Scapino, Dolcis and Manfield shoe chains and is active in the Netherlands, Belgium and Britain.

‘The administrators, together with the relevant management boards, are now exploring all possible scenarios, including a sale of the Macintosh group as a whole or in parts,’ the company said in a statement.

The individual retail chains are not covered by the bankruptcy and all the shops remain open, the company said.

In March, Macintosh announced a net loss of €102m in 2014, compared with a year earlier loss of €12m, putting it further into the red. Macintosh has a total workforce of over 10,400, many of which are part-time jobs.

Dutch budget shoe shop Schoenenreus went bankrupt at the beginning of this year.

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