Robinsons owes S$31.7m to 442 creditors
Some of the largest amounts are due to its landlords and employees; several international beauty brands are also affected
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DEPARTMENT store Robinsons Singapore, which is now under provisional liquidation, owes S$31.7 million to 442 creditors, with some of the largest amounts due to its landlords and employees.
Robinsons on Oct 30 announced that it would exit the Singapore retail scene for good, but has kept its last two stores at The Heeren and Raffles City Shopping Centre open for closing-down sales. The operator has S$25 million worth of retail inventory, according a press release on Monday by restructuring firm Gordon Brothers, which has been engaged by Robinsons' provisional liquidator to manage the closing of the stores in Singapore.
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