The restructuring plan prepared by RZMK for Duka International has been approved by the Restructuring Court. This is another step on the road to rebuilding the company’s market position.
Since mid-November, Duka International SA, owner of the Duka brand, is in a sanitation process, with RZMK Restructuring acting as administrator. Our team was responsible for preparing the restructuring plan and helping to find an investor – we more than fulfilled both tasks. The restructuring plan was approved on May 17 of this year, and we were also able to find an investor, which provided a tranche of funds necessary for ongoing operations.
The restructuring plan is expected to open the company to further dynamic development – as part of it, we made the following recommendations, among others:
- diversification of sales channels – development of e-commerce channel and marketplaces,
- updating the assortment (product) strategy – including, among others, the significant introduction of Made in EU products or strengthening the table and kitchen offer (smart kitchen),
- optimizing the sales network – reducing the number of offline stores,
- optimization of storage and logistics costs,
- acquiring retail partners to ensure optimal stocking,
- debt reduction.
We are proud to present further results of the RZMK Restructuring team’s work in rebuilding the company’s market position. Now it’s time to implement the next stages of the strategy adopted for Duka International SA.
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