GAB Fashion Agency has acquired 9 prominent Scotch & Soda boutiques in Belgium.
Despite its new bankruptcy, Scotch & Soda remains active in Belgium. After the French branch, Group Alain Broekaert (GAB) is now also taking over 9 stores of the fashion brand in Belgium.
The acquisition follows the recent bankruptcy of S & S Europe B.V., a former Scotch & Soda retail licensee that previously managed the 9 store locations.
“We are incredibly excited about this acquisition,” said Alain Broekaert, CEO of GAB. “Scotch & Soda is a brand that resonates deeply with fashion lovers, and we see tremendous value in continuing the brand in Belgium. Each of these boutiques holds a special place in their cities, and we are determined to maintain their iconic presence while infusing them with new energy and innovation.”