×
63 416
Fashion Jobs
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Madison
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Mansfield
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Lafayette
KOHLS
Full-Time Loss Prevention Officer
Permanent · Fremont
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Cape Coral
NIKE
Senior Product Manager, Line Planning And Merchandising
Permanent · Beaverton
NIKE
Business Success Manager – Multi-Node Inventory Planning
Permanent · Beaverton
NIKE
Product Manager – Multi-Node Inventory Planning
Permanent · Beaverton
NIKE
Product Manager, Line Planning And Merchandising
Permanent · Beaverton
NIKE
Live Consumer Direct Marketing, Global Store Marketing Manager
Permanent · Beaverton
CONVERSE
Product Integrity Manager
Permanent · Boston
NIKE
Director, Omni-Channel Marketing Solution Engineering
Permanent · Beaverton
NIKE
Product Manager, Global Sourcing Manufacturing Data Product & Reporting
Permanent · Beaverton
NIKE
Manager, Analytics & Operations, Nike Athlete Experience
Permanent · Beaverton
ULTA BEAUTY, INC.
General Manager
Permanent · Johns Creek
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Virginia Beach
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Mount Laurel Township
ULTA BEAUTY, INC.
co - Sales Manager
Permanent · Schaumburg
ULTA BEAUTY, INC.
General Manager
Permanent · Conway
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Gilbert
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Lakewood
ULTA BEAUTY, INC.
co - Sales Manager
Permanent · Pasadena
Published
Jun 17, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Bagir loses survival fight, liquidator appointed

Published
Jun 17, 2020

Tailoring specialist Bagir, which has been operating under court protection for several months, has given up the battle to continue and a liquidator has been appointed.


Bagir Group



The company, which makes suits for both upscale and mass-market businesses in Europe and the US, said its initial trustees have “undertaken a careful assessment of” its options and have submitted their preliminary opinion to the court. 

“Their recommendations, in light of the state of the company and the Covid-19 pandemic and its effects, is that the company should be liquidated under the court's supervision, its ongoing operations be restricted to the collection of debts and ad hoc transactions of finished products and products in its inventory, and that the company and/or its assets and/or activities, be sold in part or in full, through a public tender.”

It's a sad end for a business that only in February had reported improved trading and a strong order pipeline. 

The company had faced challenging conditions for some time and was also derailed by the long running saga of its dealings with Shandong Ruyi. Back in 2017, it had announced that the Chinese group was to become its majority shareholder and help it expand. But the deal was constantly delayed and earlier this year, Bagir went to court alleging breach of contract.

Copyright © 2021 FashionNetwork.com All rights reserved.