Home >
German Clothing Brand Gerry Weber Announces Bankruptcy
The South German newspaper reported on January 25th that Gerry Weber, a German fashion company, had filed an application for bankruptcy proceedings under self management to the Billy field regional court.
In order to save money, the fashion company has slashed the number of stores and closed 230 stores.
But in fiscal year 2017/2018, the company's pre tax losses were about 192 million euros, and sales fell sharply.
Negotiations with financing banks have failed.
According to the current situation, the company's business can only be maintained until 2020.
The company expects to resume operation through restructuring.
- Related reading
"Old Brand" Becomes "Big Card"! How Does The 91 Year Old Veteran'S Personal Ambition Come True?
|
2019/1/29 10:18:00
28
- Chamber of Commerce | The First Congress Of China Federation Of Industry Associations Held In Beijing
- Chamber of Commerce | 外国商会缘何“扎堆”四川？
- Market quotation | Shenzhen Costume Fair Opens Tomorrow, The First Men'S Wear Exhibition Area.
- Market quotation | Where Is The Local Strength Of China'S Fashion Development?
- Market quotation | Opening Up New Ideas &Nbsp; Reading The Way To Win The Market
- Exhibition | The Commercial Brand Men'S Dress In The Shenzhen International Fashion Show 2011
- Exhibition video | Kakatoo Brand Interview
- Exhibition video | An Exclusive Interview With Gu Ti Brand
- Exhibition video | IDF Brand Interview
- Fashion character | TV Drama "Sunshine Angel" Wu Chun PK Zhang Jun Ning &Nbsp; Fashion Dress Is Sought After.
- January 29Th Market Morning Post: Cost Demand Double Bad PX Market Weak Operation
- January 29Th Market Morning Post: The Smooth Pition Of The Polyester Market In The Early Spring Festival
- January 29Th Market Morning Post: The Polyester Staple Market Has Entered A Full Ending Stage.
- Semir Apparel: Revenue Grew Steadily, Inventories Increased Significantly
- "Old Brand" Becomes "Big Card"! How Does The 91 Year Old Veteran'S Personal Ambition Come True?
- Topshop Trapping Shop To Tide Over The Yard Line To Make Achievements
- Zhang Yixing Became Valentino First Greater China Area Men'S Wear Spokesperson Excavating Young Value
- Tods Group Sales Decline For Three Consecutive Years, "Square Buckle Shoes" Are Losing Aura!
- Orrican Chemical Fiber Business Has Become A Partner Of ADAMOS Network Platform.
- Post Holiday Consumption Is Not Optimistic, PTA Rising Market Variables.