After the difficulties in Germany, Görtz is now not spared in Austria.
The Austrian shoe retail chain GAT Retail GmbH, which previously operated as Ludwig Görtz GmbH, applied for a renovation process without self -administration, the Alpine Vergorenverband (AKV) said on Thursday. The responsible commercial court in Vienna then opened a corresponding procedure.
According to the Credit Protection Association of 1870 (KSV1870), the bankruptcy in Austria is related to the Görtz Retail GmbH procedure already opened in January. The effects on the Austrian business were massive because the goods shopping of Gat Retail GmbH was handled by Deutsche Görtz Retail GmbH.
As a result, orders of goods have been canceled and goods that have already been ordered were no longer delivered, the statement said. In addition, suppliers would have insisted on advance in advance, and not any brands could have been obtained. The company had significantly impaired the resulting negative sales development. In addition, there were high personnel costs and the failure of the IT goods management system, which was also operated by insolvent Deutsche Görtz Retail GmbH.
Gat Retail GmbH, which, like Deutsche Görtz Retail GmbH, is currently managed by Bolko Kissling, currently employs 59 people: inside and operates a total of eight locations in Austria, including a pop-up store.
Requirements of more than two million euros
108 creditors are also affected by the bankruptcy: inside with total demands of around 2.3 million euros. A reward is to be made via a renovation plan that provides that the insolvency believers receive a quota of 20 percent in four installments within two years. However, it still has to be checked whether the concept developed by Gat Retail GmbH is accepted.
“Whether the continued operation of the company and the assumption of the presented renovation plan for the affected insolvency creditors: The KSV1870 will now check closely together with the insolvency administrator,” says Brigitte Dostal, head of KSV1870 Wien/Lower Austria/BGLD.
Almost two years ago, Görtz started plans for new retail concepts in Austria after the German shoe branchist had previously filed for bankruptcy. In January, Görtz announced bankruptcy again, just around one and a half years after the entry of investor and managing director Bolko Kissling. The entrepreneur had taken over the traditional dealer from the start -up family in the summer of 2023 and led out of the bankruptcy at that time.