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Two weeks ago, the Kompott Mode company was declared bankrupt by the Alingsås District Court. The 32 stores, which are aimed primarily at women and children, would be closed, something Ehandel.se was the first to be able to count on Tuesday.
Bankruptcy trustee Christian Andersch of Rosengren’s Gothenburg law firm said corona has caused a sharp drop in sales at the 32 stores the chain operates.
– It is a direct consequence of stopping buying in stores under the crown. This has meant a sharp drop in sales and profits: the company has so far been able to continue operating thanks to the government support package, where it has also been granted a tax deferral. But now it was no longer possible, he said then.
READ MORE: Fashion chain with 32 bankrupt stores
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Has been around for 30 years
But now most of the chain stores are saved and will not disappear.
It is the same family that owned Kompott Mode, which now operates 22 of the stores, through Rabalder AB. In a press release, the chairman of the board also writes that most employees will be able to keep their jobs.
“On September 4, the previous owners of Kompott Mode AB entered into an agreement with the bankrupt estate to acquire the majority of the business. Rabalder AB takes over 22 of the 29 stores and 80% of the employees are offered continuous employment, “writes Jan Berglund, Chairman of the Board of Directors of Rabalder AB in a statement.
The Rabalder chain of stores has been around for 30 years and has 120 employees and operates stores from Umeå to Malmö and has, among other things, a store in the center of Gothenburg.
READ MORE: The bankrupt luxury store: clothes go up for auction
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