The investment company wants to focus on relaunching the brand in key European markets. To this end, Bluestar is now looking for new partners to take on the markets.
This comes at a time when most of the retailer´s 40 German locations are already closed. Similarly to the previous cases in Austria and Belgium, Bluestar is aiming to find yet another franchise partner for Germany. Moreover, a new reopening deadline has also been set by the company for within less than months.
S&S Europe B.V., the European retail subsidiary of Scotch & Soda, filed for insolvency at the beginning of June due to “logistical problems after the restart in 2023”. The insolvency affected Scotch & Soda’s retail activities in five countries, Germany, Belgium, Austria, the Netherlands and Luxembourg.