Blokker takes its parent company with it in its fall

Due to the bankruptcy of the household chain Blokker last month, the parent company Mirage Retail Group (MRG) is now also throwing in the towel. The company is held responsible for Blokker’s debts, such as overdue rent on retail properties, but cannot meet those costs.

Landlords of the bankrupt Blokker have asked the curator to have the rental debts that Blokker has reimbursed by Mirage. In addition, the retail chain also has outstanding corona debts of approximately 13 million euros for which MRG is responsible.

There are not enough revenues to compensate all creditors, even after the recent sale of Intertoys, also part of Mirage. The Mirage Retail Group previously also owned electronics chain BCC and Big Bazar. Both companies went bankrupt last year.

New curators must also be appointed for this new bankruptcy. They will sell other chains that fall under the group, such as Miniso. According to the parent company, the bankruptcy of the Mirage Retail Group has no direct consequences for the handling of Blokker’s.

Holding director Michiel Witteveen says from China that he does not want to comment on the bankruptcies of Blokker and Mirage and refers to the current CEO, Ynse Stapert. He also does not want to respond.