Bluestar Alliance, a US brand management company, said on Monday it has acquired the Scotch & Soda clothing brand from its Dutch owner for an undisclosed sum.

Scotch & Soda filed a bankruptcy request for its Dutch operations, which include the company’s head office, earlier this month.

“Following the closing of the transaction, Scotch & Soda will be enabled to continue its activities in selected markets,” Bluestar said in a statement.

Scotch & Soda’s Dutch operations had €342.5 million ($369.42 million) in sales in 2022.

By Toby Sterling; Editor Jan Harvey

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Fashion Retailer Scotch & Soda Seeks Bankruptcy for Dutch Operations

Privately held retailer Scotch & Soda, which is based in Amsterdam, has filed a bankruptcy request for its Dutch operations, newspaper Het Financieele Dagblad (FD) reported on Monday, citing a company statement.