Dark forecast for the guilty chain Club Xprs



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In October, it was clear that the fashion chain Club Xprs was bankrupt two years after the start.

Behind the company is Victor Appelqvist, the son of the founder of the clothing chain Gina Tricot. His vision of success in combining large volumes at very low prices was not complete.

Discussions have been initiated with potential buyers who are advised to take control of the entire company, including the physical stores. However, by mid-November, it was clear that the stakeholders had withdrawn and Market could report that everything indicated that the four major stores in the chain could fall. This would mean that about 50 people lose their jobs.

Market is now closely monitoring Club Xpr's debts, based on the construction bill, and declares that they have reached more than $ 45 million. Excluding assets, the debt owes approximately 30 million kroner.

Bankruptcy manager Martin Bergander told Market that the figures reflected the situation at the time of competition and that changes had occurred thereafter.

"But the important part is missing rentals, of course, if anyone could take care of the deals, the mail would not be that big," Martin Bergander said.

We have already looked at stores that have had difficult times during the year.

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