"Cath Kidson" Japanese corporation goes bankrupt Impact of temporary closure, etc. April 22, 22:32
A Japanese corporation of Cass Kidson, a miscellaneous goods brand originating in the United Kingdom, whose floral design has attracted support from young women, filed for bankruptcy due to the effect of temporary closure due to the spread of new coronavirus infection, and bankruptcy I received a decision to start the procedure.
The Casskidson Japan, a general merchandise sales company in Minato-ku, Tokyo, received the decision to start bankruptcy proceedings.
According to an attorney at law, the company was founded in 2014, and sundries such as bags and wallets featuring floral patterns have gained the support of young women, and there are more than 40 stores in commercial facilities and department stores nationwide. However, it has been in the red for the past few years.
All of our stores in Japan were temporarily closed due to the declaration of an emergency due to the spread of the new coronavirus, which put a negative impact on our business performance. On the 22nd, he applied for bankruptcy to the Tokyo District Court and received a decision to start bankruptcy proceedings.
According to the lawyer of the agent, the total debt is about 6 billion yen.
Due to the spread of the new coronavirus, Casskidson announced that it will close all its stores in the UK, where the headquarters is located, on the 21st.