Dutch lingerie queen Marlies Dekkers in financial trouble
Lingerie queen Marlies Dekkers is in financial difficulty and her company is in talks with its bank on a new round of funding, according to business magazine Quote.
Quote says Dekkers’ underwear empire booked a loss of €2.9m in 2012 and the company needs to raise extra cash because the profit booked over 2010 and 2011 (€1.33m and €400,000) is not enough to offset last and previous years’ losses.
A spokesman for the company told Quote the retail group is not on the verge of bankruptcy and talks are underway with Rabobank to find a solution and a possible investor has been found.
In 2011, Dekkers won a copyright case against budget competitor Sapph for design theft when a Utrecht court decided Sapph bras with a band across the top of the cup looked too much like Dekkers’ own design.
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