The Dutch branch of the Hudson? s Bay is the last year until the 28th of november, with a loss of 73 million euros, run, show, on Monday, the first faillissementsverslag of the trustees. The group, created last year, with a turnover of 179,7 million.
by 2018, and by 2017, the company is also a loss. Then it went down to respectively 81.4 million euros, and 28.6 million, respectively.
the HBC’s Netherlands BV, the Dutch branch of the Canadian department store chain, was at the end of last year from the Netherlands) and at the end of the year, is insolvent.
now, as The curators write in the report that the board of directors of HBC to Netherlands in the spring of last year, as a strategy, wanted to work out in order for the company to be profitable, but in the summer of 2019 at the latest, wanted to be the parent company as the operations were discontinued due to the continuous and heavy loss-making operation of the HBC.