Gerry Weber insolvency causes Dutch branch to topple - RetailDetail EU

Women's clothing chain Gerry Weber has been declared bankrupt by the court in Amsterdam. According to the curator, there is a "very real chance of a restart of the Dutch branch of the retail chain in the short term". The stores will remain open for the next six weeks. The German company is active in more than sixty countries, but the fashion chain has been in dire straits for some time. In Germany, the chain has already been declared bankrupt. T…

Women's clothing chain Gerry Weber has been declared bankrupt by the court in Amsterdam, the company has released in a press statement. According to the curators, there is a chance of a relaunch of the chain, which employs 175 people in the Netherlands.

Gerry Weber insolvency causes Dutch branch to topple - RetailDetail EU

The Dutch branch of women’s fashion chain Gerry Weber has filed for a suspension of payment, after its German parent company was declared insolvent. Both companies’ future looks markedly uncertain. Financial problems seep through The chain’s Dutch branch hopes that a suspension of payment would clear the way for a possible restart, Dutch newspaper FD reports. The branch currently has 38  stores, which will remain open for the time being as admin…