The Noz destocking brand will resell all of the remaining items from San Marina
In total, no less than 310,000 items from the brand will end up in NOZ stores in the coming weeks. San Marina’s stock finds its footing. After the legal liquidation of the French company last February, the last unsold items will finally land on the shelves of the clearance specialist, NOZ. ” More than 310,000 parts will end up in our stores ,” says the specialist’s press release. ” Men’s and women’s shoes, accessories (scarves, scarves), some leather goods and cleaning products ” will be availa
San Marina’s stock finds its footing.
After the legal liquidation of the French company last February, the last unsold items will finally land on the shelves of the clearance specialist, NOZ.
More than 310,000 parts will end up in our stores
,” says the specialist’s press release.
Men’s and women’s shoes, accessories (scarves, scarves), some leather goods and cleaning products
will be available and resold in NOZ stores within
a few weeks
“, according to the press release.
Contacted, the purchaser of stock did not give a precise date as to the availability of San Marina products in its stores.
We are in the process of organizing the logistics
,” they assure us.
And to add: “
The goal is to empty all the premises (stores, warehouses) of San Marina as quickly as possible so that they can be re-let as quickly as possible.
Read alsoSan Marina, André, Kookaï… Why the carnage in ready-to-wear is accelerating
A sum sufficient to cover the salaries of employees
In all, 163 stores must be completely cleared.
In its press release, the destocking specialist adds that customers will be able to find pieces from “
the fall/winter 2022 collection and some 2023 pieces
” in its stores.
The prices displayed in NOZ stores will be -60% compared to the sale price of San Marina, specifies the Laval company.
Although NOZ did not want to give a precise amount for this stock buyback, the brand assures in its press release that the latter “should make it possible to partially pay
San Marina’s debts, in particular the salaries of the collaborators.
“ NOZ is not at its first attempt: its last acquisition to date concerned the stock of Camaïeu, another French brand of ready-to-wear in compulsory liquidation.
We are here to give a second life to the stock available in companies in compulsory liquidation
“, explains NOZ.
Recently, between André, Gap France, Kaporal or Kookaï, the French textile sector is in decline.
What to give ideas for future stock buybacks?
We are keeping ourselves informed, but we have no other information to communicate on this
”, assures us the specialist in destocking.