03 augustus 2020


The court de officially declared fashion group FNG bankrupt on Monday. She also appointed four curators.

The curators Geert Van Deyck, Marc Joris, Nick Peeters and Annelies Hellemans will try to sell the company. FNG has 734 million euros in debts, while there was a loss of nearly 300 million euros last year.

There are several candidate buyers. Among them FNG founder Dieter Penninckx. He tries to gather investors around him. In addition, according to sources around the file, investment funds and competitors are also interested.

The listed FNG nv and Ellos are not bankrupt. The former is the owner of the latter. Ellos is the Swedish fashion and interior web store that FNG bought last year.

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