Modevaruhuset Axelssons has gone bankrupt, reports the Katrineholm-Courier. Axelsson’s, which sells women’s clothing and accessories, was founded in 1923 in Katrineholm. In October, the company opened its 30 th store in the country, but on Monday was declared the company bankrupt at his own request by the board of directors.
— We have received the supplements to kick in and again new stores, but came not so far. We have had troubles with liquidity despite the fact that it added to the tax year in installments, ” says Jürgen Lindmark, ceo for Axelssons Dea Mode, to the newspaper.
the Bankruptcy affects all 30 shops with a total of 260 employees. According to the trustee the Gustav Pontén to the estate to run the business pending the completion of investigation, if any stakeholder is willing to continue with all or selected stores.