German fashion chain Peek & Cloppenburg in financial need
10 Articles
10 Articles
German fashion chain Peek & Cloppenburg in financial need
Duesseldorf fashion chain Peek & Cloppenburg has applied for a delay in payment in court. This was announced by the company on Friday. The protection measure should accelerate the restructuring process that has already started.
Peek & Cloppenburg requests a deferral of payment, fashion chain branches still open
Fashion chain Peek & Cloppenburg requests a deferral of payment
Fashion chain Peek & Cloppenburg has requested a deferral of payment. The company, which has five stores in the Netherlands, wants time to accelerate a reorganization that has already started. All 67 branches in Germany, the Netherlands, Austria and Poland remain open.
Bankruptcy - fashion chain Peek & Cloppenburg bankrupt
The German fashion chain Peek & Cloppenburg must restructure itself and has filed for protective shield insolvency proceedings. The Austrian sister company with 13 branches is not affected by the protective umbrella. This also applies to other Group companies in Germany and abroad. The protective umbrella serves to “accelerate the restructuring process initiated by the company as a result of the crisis,” the company explained on Friday. The appr…
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