News about credit management, accounts receivable management, debt collection, debt recovery, credit insurance, factoring, business intelligence such as credit checks and monitoring for fashion, accessories, sports clothing, shoes, textiles, home & living, interior and beauty & jewelry.

Germany crisis warning: wave of bankruptcy to hit EU financial giant next year

Germany could be battered by a wave of bankruptcies in the new year with multiple industries vulnerable to a financial dip. Financial experts fear the number of corporate bankruptcies in Germany could soar again due to slower economic growth and rising interest rates. Manfred Stamer, senior economist at Euler Hermes, said the number of [...]

By | January 4th, 2019|news|Comments Off on Germany crisis warning: wave of bankruptcy to hit EU financial giant next year

Get a better view of the possibilities and risks in your sector

        better view on your sector     In the current economic climate, you as an entrepreneur want to seize opportunities when they occur. But trade risks are a danger. What is the impact of political or monetary instability abroad on your orders? What about the financial obligations entered [...]

By | November 21st, 2018|news|Comments Off on Get a better view of the possibilities and risks in your sector

MODINT Credit & Finance sponsors World Fashion Convention 2018

The 34th IAF World Fashion Congress, was organized this year by the IAF (International Apparel Federation), together with Dutch branch organization MODINT. Theme IAF World Fashion Convention is aimed at decision makers from the global clothing industry and discusses the developments that will determine the future of our industry. The theme of [...]

By | October 15th, 2018|news|Comments Off on MODINT Credit & Finance sponsors World Fashion Convention 2018

Dutch government tackles loans online stores

Buying on credit often causes headaches, of the Dutch who buy something on credit at a home shopping organization, such as a mail order company or a webshop, one in three has payment arrears. This is the result of new research by the Netherlands Authority for the Financial Markets (AFM), which Minister Hoekstra (Finance) is [...]

By | September 14th, 2018|news|Comments Off on Dutch government tackles loans online stores

Turnover of shoe traders corrected in the first half of the year

Where at the end of the first quarter gloomy messages dominated the fashion and shoe industry, the figures for the first half of the year give a brighter picture. At the end of the first six months, shoe retailers saw total sales increase by 2.4 percent, with fashion retailers this percentage was 0.7 percent, according [...]

By | August 15th, 2018|news|Comments Off on Turnover of shoe traders corrected in the first half of the year

Payment behavior businesses deteriorated since tightened law

Greater risks for SMEs if economic growth weakens Since the introduction of stricter legislation a year ago, payment behavior in the business sector has generally deteriorated. On average, SMEs (small and medium-sized enterprises) have to wait longer for payment than a year ago. This is shown by a survey by Betaalme.nu (Payme.now), the initiative that [...]

By | July 25th, 2018|news|Comments Off on Payment behavior businesses deteriorated since tightened law

Notes paid increasingly slower worldwide

‘All’ economic signals are green, but global payment behavior only deteriorates. Over the past 5 years, it has been an average of 64 days before outstanding notes were paid. In 2017, that period increased to 66 days. In 2018 there will be another day, according to the payment payment report, credit insurer Euler Hermes recently [...]

By | June 25th, 2018|news|Comments Off on Notes paid increasingly slower worldwide

Apparel and shoe industry do not benefit from retail sales growth

The first quarter of 2018 has been positive for the overall retail trade, according to the new figures from the Central Office for Statistics. In the first three months of the year, sales increased by 2.7 percent and the volume by 2.3 percent. However, it was especially good news for supermarkets, drugstores and furniture vendors, [...]

By | June 11th, 2018|news|Comments Off on Apparel and shoe industry do not benefit from retail sales growth

Bailiffs are ringing the emergency bell

Payers are less and less bothered by bailiffs, because SME´s no longer hire them. For entrepreneurs, the ever increasing court costs no longer outweigh the collection of small unpaid invoices. This brings bailiffs back into trouble. The Royal Professional Association of Bailiffs is now ringing the emergency bell. In the sector, turnover is under pressure [...]

By | February 14th, 2018|news|Comments Off on Bailiffs are ringing the emergency bell

ABN AMRO prognosis 2018: number of bankruptcies in retail trade is falling most rapidly

The number of bankruptcies will drop further in 2018 to a new low point. Especially for the retail trade, where once again a decrease of ten percent is expected, the outlook seems favorable. However, there are differences per sector, according to ABN AMRO bank in its new prognosis. For the retail trade, the decrease, according [...]

By | February 8th, 2018|news|Comments Off on ABN AMRO prognosis 2018: number of bankruptcies in retail trade is falling most rapidly