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27 Mar

Scotch & Soda Acquired by Bluestar Alliance

Scotch & Soda Acquired by Bluestar Alliance
Bluestar Alliance, a Recent York-based brand management company, said Monday it has acquired Scotch & Soda, the Amsterdam-based men’s and girls’s lifestyle brand. Terms of the deal weren’t disclosed. The transaction is subject to customary closing conditions. Scotch & Soda operates 253 freestanding stores across Europe, North America, Asia, the Middle East, Africa and Australia, and is carried in 7,000 retailers worldwide. The corporate makes womenswear, menswear, kidswear, denim, eyewear, fragrances and accessories. Scotch & Soda filed for bankruptcy earlier this month in its home country of the Netherlands, citing “severe money flow issues” because of a domino effect of the pandemic, war in Ukraine and inflation, as reported. The acquisition by Bluestar Alliance, whose brands include Hurley,...
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