German Fashion Chain Closed Files for Bankruptcy - RetailDetail EU

kreiszeitung.de

Center

Factuality

Ownership

Once again, a North German company has to file for insolvency. Closed fashion chain has had to take the course to the district court. 450 employees are affected.

Deutschlandfunk

Center

Factuality

Ownership

The Hamburg fashion manufacturer "Closed" has applied for insolvency.

www.t-online.de

Lean Left

Factuality

Ownership

Bad news in Hamburg: A fashion chain must file for insolvency. Business operations should remain unchanged.

epochtimes.de

Factuality

Ownership

For months, reports of bankruptcies and massive job cuts have been piling up. German companies are facing major challenges.

upday

Factuality

Ownership

A Closed fashion brand store in downtown Hamburg. Marcus Brandt/dpa The Hamburg-based fashion brand Closed has filed for insolvency. This was confirmed by a company statement and the state insolvency portal. The reasons are high levels of debt and the resulting costs. However, the German brand, which specializes in jeans, is generally operating profitably, it says. Closed filed the application at the Hamburg District Court on Tuesday. Initial di…

LVZ - Leipziger Volkszeitung

Factuality

Ownership

The Hamburg fashion brand Closed has filed an insolvency application. Although the company is in debt, it basically works profitably, it says. Now the fashion brand is looking for potential investors.