Shoe Brand Van Lier Faces Collapse After €1 Million Loss and Unpaid COVID Debt

Shoe brand Van Lier faces collapse after €1 million loss and unpaid COVID debt

Dutch shoe brand Van Lier is in serious financial trouble, posting a net loss of nearly 1 million euros in the past fiscal year and admitting it can no longer repay its COVID-era debts, according to preliminary financial data reviewed by Het Financieele Dagblad (FD) and RetailTrends.

Dutch shoe brand Van Lier needs new capital to survive - RetailDetail EU

Dutch shoe brand Van Lier is in serious trouble: its revenue plummeted last year, and the family business can no longer pay its tax debts. Liquidity under pressure Van Lier is urgently seeking capital – or a buyer: preliminary annual figures show that the shoe brand suffered a net loss of nearly one million euros in the past financial year, Dutch newspaper FD reports. Van Lier has now engaged a merger adviser to hold talks with potential investo…