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CLOSURE: Major Canadian Clothing Chain Shuts Down with a Promise to Return

Summary by canadanewsvideo.com

Canadian fashion chain Frank and Oak has officially closed all 14 stores. In April, the Superior Court of Quebec approved the sale of the Frank and Oak brand to Lamour Group and Thread Collective Inc. This week, Frank and Oak said goodbye in a post on Instagram. “We wanted to say one final thank you for everything and cannot overstate how truly grateful we are to have shared this time with you,” the post reads. “We have reached the end of this c…

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rp-online.de

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Fashion Chain From NRW: Gerry Weber Closes All 40 Branches – These Are the Reasons

The fashion chain from NRW had been in bad shape for a long time: in March she had filed the third insolvency application within six years. But now Gerry Weber seems to be at the end – and is being sold.

3 days ago

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Tagesschau

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Gerry Weber Closes All Business in Germany

Gerry Weber closes all of his about 40 shops in Germany. The insolvent East Westphalian fashion manufacturer is taken over by a Spanish company that plans to restart under its own structures.

3 days ago·Hamburg, Germany

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Spiegel

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Gerry Weber Closes All Its Shops – Brand Sold to Spanish Company Victrix

Businesses of Gerry Weber were part of German inner cities. But the company came under pressure, gradually retreating. Soon the last Gerry-Weber-Shop disappears.

3 days ago·Germany

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