Euro Shoe Group Declared Bankrupt: inventory of distribution centre and offices up for online auction
PRESS RELEASE
7 October 2024, Beringen (Belgium)
Following the bankruptcy of Euro Shoe Group, which trades under the name Bristol, the entire inventory of its logistics distribution centre and offices will be auctioned via Troostwijk Auctions. Bids can be placed until Thursday, 24 October 2024. The auction closes at 2 pm.
Belgium's Euro Shoe Group, the company behind the well-known shoe and clothing chain Bristol, had been in bad shape for years. This autumn marks the end for the company, as the court has declared it bankrupt. Consequently, the inventory from the company's distribution centre and offices will be auctioned via Troostwijk Auctions' online platform.
Distribution centre inventory and office furniture
The online auction provides an opportunity to acquire inventory and material handling equipment suitable for stock warehouses. Conveyors, automatic sorting conveyors, a 20m x 60m mezzanine floor, a 10m high pallet rack, a KALMAR stacker, electric pallet trucks, Still & Crown reach trucks (working height 10m), and a Jungheinrich EKX 515k reach truck, along with other items, will be auctioned.
The auction will also feature a variety of office equipment. At Euro Shoe Group's online auction, in addition to sit-down desks, rolling-door cabinets, modern canteen furniture, conference tables, and locker cabinets, you will also find photo cameras and IT equipment, including desktops, DELL EMC² servers and VNX data storage, laptops, conference monitors, and Apple smartphones and tablets.
This auction also offers store fixtures in the distribution centre, including the remaining stock of clothing, lots of mannequins, store bags, fixtures, hangers, racks, tape, and packing tables.
About Troostwijk Auctions
Troostwijk Auctions is committed to recognizing the value in all assets and is dedicated to enhancing digital auctioning as an optimal solution for business sellers and buyers. The digital auction platform effectively connects local, convenient, and fast sales with global demand. They do this by combining the power of their people, technology and data. This is how Troostwijk Auctions builds a profitable business, rewards its people and extends the life of goods to reduce waste and emissions. Every year, Troostwijk Auctions auctions more than 1 million lots for companies in sectors such as agriculture, food, metal, construction, earthworks, and transport and logistics. The company averages 4 million visits per month on the platform, local industry specialists across Europe and buyers in 175 countries.
For more information about Troostwijk Auctions: https://www.troostwijkauctions.com/
About Euro Shoe Group
The bankruptcy brings an end to a family business founded in 1925, when the Vanaudenhove family opened a small shoe shop in Diest, Belgium. The company continued to grow, and at its peak, Euro Shoe Group had more than 400 stores. In 1991, the Euro Shoe Group also acquired the Dutch chains Bristol and Van Woensel.
The coronavirus crisis, with the mandatory closure of stores, was a major blow to the company. Combined with the shift of consumers to online shopping and increasing rent and energy costs, the company ultimately could not stay afloat.
About the auction
The online auction of the inventory of Euro Shoe Group's logistics distribution centre and offices closes at 2 pm on Thursday, 24 October 2024.
Would you like to view the lots before placing a bid? You can do so during the viewing day on Wednesday, 23 October 2024, from 9 am to 4 pm. Location: Lochtemanweg 17, 3580 in Beringen, Belgium.
Click here for all details about this auction.
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For more information about Troostwijk Auctions & Valuations, please contact: Troostwijk Auctions
E-mail: redactie@troostwijkauctions.com
Internet: www.troostwijkauctions.com
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