High street retailer MS Mode applies for court protection

People are spending more. Photo: Dolfilms via Depositphotos.com
Dutch high streets are changing. Photo: Dolfilms via Depositphotos.com

Retail fashion chain MS Mode has become the latest Dutch high street group to file for court protection from creditors. The company, which specialises in fashion for ‘curvy women’ says it has been hit by the warm winter and ‘negative sentiment’ in the fashion sector.

The decision does not affect the group’s activities outside the Netherlands and all the shops and webshops remain open, news agency ANP said.

MS Mode has 130 branches in the Netherlands with a workforce of some 660. The group operates a further 270 shops in Belgium, Luxembourg, Germany, France and Spain.

The company booked sales of €240m last year. MS Mode is owned by entrepreneur Roland Kahn who tried to relaunch the V&D department store group when it went into receivership but failed to get the financing, the Financieele Dagblad pointed out.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation