News from fashion retailers around the world is dizzy. The Netherlands-based C&A (1,500 stores across Europe) will close 20% of the Spanish store network, counting 23 unprofitable stores out of 106. In Portugal, it will close 5 stores out of 35.
In the Netherlands, the Swiss retailer Charles Vögele, which operated 95 stores, has just gone bankrupt.
In France, Vivarte Group will sell Naf Naf (fashion) and André (footwear), in the same divestment process as Kookaï, Chevignon and Pataugas a...