Tag: Protective Shield Proceedings
“Some fashion retailers are in the death spiral”
Galeria branch before closing Numerous companies in the fashion industry have gotten into trouble in recent months. (Photo: imago images/Jochen Tack) Bielefeld The past few years have been tough for…
New Galeria boss plans to be operationally in the black for next year
Olivier van den Bossche The new Galeria boss wants to increase sales again this year in the remaining stores. (Photo: Stephan Pick) Eat Just a few days after the end…
“The family did not damage the company’s liquidity”
Peek & Cloppenburg Founded in 1869, the company lost around a third of its sales during the pandemic. (Photo: Markus Kaiser/ PuC) Dusseldorf The ailing fashion retailer Peek & Cloppenburg…
Why bankruptcies are in fashion right now
Sale at Galeria and Reno There are currently many bankruptcies in fashion companies. (Photo: Imago, dpa) Dusseldorf There are many well-known names on the list of fashion retailers who recently…
Why bankruptcies are in fashion right now
Sale at Galeria and Reno There are currently many bankruptcies in fashion companies. (Photo: Imago, dpa) Dusseldorf There are many well-known names on the list of fashion retailers who recently…
Bankruptcy as the means of choice? No thank you!
Store closed due to bankruptcy Protective shielding procedures also leave many victims behind, often including landlords of shops. (Photo: imago images/Arnulf Hettrich) At first glance, the term sounds harmless: protective…
Why bankruptcies are in fashion right now
Sale at Galeria and Reno There are currently many bankruptcies in fashion companies. (Photo: Imago, dpa) Dusseldorf There are many well-known names on the list of fashion retailers who recently…
Why bankruptcies are in fashion right now
Sale at Galeria and Reno There are currently many bankruptcies in fashion companies. (Photo: Imago, dpa) Dusseldorf There are many well-known names on the list of fashion retailers who recently…
Galeria Karstadt Kaufhof: Employees are threatened with severe cuts
Galeria branch in Frankfurt The general works council expects a “hard and painful time” for the employees of the department store company. (Photo: dpa) Dusseldorf, Essen The period of uncertainty…
At Galeria, only a ruthless inventory helps
Galeria branch in Berlin-Tegel The dominant topic in the company is how many jobs will be cut and how many locations will be closed. (Photo: IMAGO/Jürgen Ritter) Anyone who now…
Which branches are now threatened with the end
Galeria Kaufhof in Leipzig The location of Galeria Kaufhof on Neumarkt in the city center is considered safe. (Photo: dpa) Dusseldorf Many municipalities are now worried about the future of…
Kaufhof and Karstadt employees fear for their jobs
Dusseldorf, Essen The Verdi union blames the management around boss Miguel Müllenbach for the renewed difficulties at the department store group Galeria Karstadt Kaufhof. “Mismanagement and a lack of investment…
For which consultant fees in the millions are paid
Dusseldorf In the Essen headquarters of Galeria Karstadt Kaufhof, almost nothing works without Arndt Geiwitz’s consent. The official title of the 53-year-old is general manager, appointed by the owner, Signa…
The principle of hope accelerated the decline
Galeria branch in Berlin-Tegel The company did not go through with the restructuring consistently and radically enough last time. (Photo: Reuters) As with the last insolvency proceedings of Galeria Karstadt…