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Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
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Berson files for bankruptcy
24 Mar '06
1 min read
Berson Japan Inc is filing a bankruptcy suit at the Fukuoka District Court as it is up to the neck in debts of over 2.4 billion yen.
The Fukuoka based company is the one that promotes the Van casual clothing brand.
Teikoku Databank Ltd, the research agency of the company, revealed that the overload of financial problems was a result of sudden and swift development of its retail chain.
Low garment sales in winter added to this crisis.
The Fukuoka based company is the one that promotes the Van casual clothing brand.
Teikoku Databank Ltd, the research agency of the company, revealed that the overload of financial problems was a result of sudden and swift development of its retail chain.
Low garment sales in winter added to this crisis.
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