Shoe retailer Brantano is to sell its 38 stores in the Netherlands to Hong Kong retail and manufacturing company AS Watson Group for an unspecified sum.

The company says the Netherlands stores are too small to fit in with its corporate concept, and are also not in accessible enough destinations.

Current workers at Brantano's Dutch stores will move to AS Watson, with the store transfer being carried out gradually.

Brantano began trading on the Dutch market in 2000, when it took over around 50 Toe Sjoes and Van Vorst shoe shops in the Netherlands.

AS Watson Group is the retail division of the Hong Kong company Hutchison Whampoa.