The Sad Story Behind Sevenhill’s Passing Away

The basics of the story of the ready-made clothing brand that we know as Sevenhill, which was founded in 1997 and embraces everyone from 7 to 70, are actually long ago It endures. Its founder, Bektaş Özbek, entered the industry as a fabric merchant. Selling fabric on a donkey in Adana hawking He even did it!

Bektaş Özbek later came to Istanbul and founded a textile company in 1979 and founded the brand we know today as Sevenhill. lays the foundations.

In the following years, with his son’s involvement in the business, Beş Yıldız Tekstil, which includes the Sevenhill brand, was established in 1997 and Sevenhill’s commercial life began. In fact, there is determination behind the Sevenhill brand. A full foundation story there is.

In fact, the name of the brand was not Sevenhill when it was first established.

Although the brand we know as Sevenhill was originally founded under the name “Seven”, which means “seven”, it later became known as Sevenhill. “seven Hills” It takes the name Sevenhill, meaning “Sevenhill”. The reason for this name change is that Turkish consumers read the word “seven”, which means “seven” in English, as the word “seven”, which means “to love” in Turkish.

Although it continues to grow steadily, financial difficulties appear after a while.

Since its establishment, Sevenhill has been collaborating with celebrities and large companies of that period in both advertising and campaigns. a steady growth exhibits.

So much so that Sevenhill operates throughout Türkiye. many stores and hundreds of employees It’s having it.

But after a while the spell breaks and the brand loses some is starting to close its branches.

Founder Bektaş Özbek takes matters into his own hands and opens a new store due to the bad progress of the company.

Although he had previously handed over the management to his children and the authorized manager, due to the company becoming smaller and smaller, Bektaş Özbek takes charge of business again But this stress is not good for him and Bektaş Özbek is in this stressful period. heart attack is going through.

After his recovery, Özbek opened a new branch in Carousel AVM in 2009 in order to improve the brand’s image. To a story that will end badly is taking the first step…

Branch closures also cause negative discourse about Sevenhill in the market.

Rumors emerged in the market that Sevenhill’s financial structure was deteriorating and financial problems were emerging, causing investors and It affects banks’ approach to the company.

In 2013, the Özbek Family started working for two companies. applying for bankruptcy postponement finds it.

Due to increasing financial problems, the founder of the company attempted suicide in 2014!

In the news made by Sabah Newspaper, Bektaş Özbek, who could not pay a small part of the rent debt of the branch he opened in Bakırköy Carausel, became unable to pay salaries to his employees due to the blocking of his accounts and the debt was paid off within two years. 425% interest It was stated that the amount was processed and exceeded 1 million lira.

For this reason, although Özbek tried to reach the person who filed the lawsuit for a long time, the plaintiff refused to meet him and was imprisoned in front of the plaintiff’s workplace. attempted suicide It is known to exist.

In his interview with Sabah newspaper, Bektaş Özbek said the following on the subject: Finally, I wrote and e-mailed him that I would commit suicide in front of his workplace if he did not meet with me. He still didn’t meet me. I don’t even crush an ant, but I shoot myself.

In 2015, the court overturned the bankruptcy postponement decision and Sevenhill’s story ends here.

According to the news at the time, the company’s debt was approximately close to 80 million lira It is stated that the assets are not sufficient to cover this debt.

For this reason, even though the companies of the Özbek family were operated under the supervision of trustees for a year and a half, the court overturned the decision. He decides the bankruptcy of the company in 2015.

Thus, Sevenhill, which made a name for itself with its successes for a while, left a sad story behind. disappears from the trading arena.