AMSTERDAM (Reuters) – Bluestar Alliance, a U.S. brand management company, said on Monday it has acquired the Scotch & Soda clothing brand from its Dutch owner for an undisclosed sum.
Scotch & Soda filed a bankruptcy request for its Dutch operations, which include the company’s head office, earlier this month.
“Following the closing of the transaction, Scotch & Soda will be enabled to continue its activities in selected markets,” Bluestar said in a statement.
Scotch & Soda’s Dutch operations had 342.5 million euros ($369.42 million) in sales in 2022.
($1 = 0.9271 euros)
After much debate on India’s own foundational model, the country’s start-ups seem keen to take…
Expert view: Varun Fatehpuria, the founder and CEO of Daulat Finvest Private Limited, believes this…
Ajax Engineering IPO Day 3 Live Updates: The initial public offering (IPO) of concrete equipment…
Freshworks Inc, the Chennai/ US-based provider AI service software, reported reduced net loss of $21…
Nifty 50 Today Live Updates on February 12, 2025: At 08:30 Nifty 50 was trading…