Scotch & Soda's bankruptcy: what preceded it?

On March 20, Dutch fashion retailer Scotch & Soda reported that it had filed for bankruptcy for its Dutch operations, after which the company was also declared bankrupt. It is a result of "severe cash flow problems" due to the lockdown imposed during the Covid-19 restrictions in The Netherlands and the energy crisis and high inflation that followed, Scotch & Soda revealed in a statement. But, what else preceded the company's bankruptcy? FashionUnited lays out all the developments that have caused trouble for the Amsterdam-based clothing brand in recent years.


OR CONTINUE WITH
Bankruptcy
Scotch & Soda