Last fall, streetwear retailer Defshop GmbH filed for bankruptcy. After the approval of a restructuring plan, the proceedings were canceled in May by the responsible district court in Darmstadt. Now the company wants to get started again.
In the future, Defshop will be “supported by a strategic investor from the textile industry” and has “stabilized itself economically” in the course of the insolvency proceedings and has “been positioned to be significantly leaner operationally,” according to a statement. According to its own statements, the e-commerce specialist has been able to use the past few months to “sustainably further develop the company’s central structures”. “The business model has been consistently modernized and geared towards a flexible, platform-oriented organization.”
Management wants to “look forward” again
The company pointed out that it had experienced “positive business development” since the beginning of the year. The focus is now on “further strengthening the trust of customers, brand partners and service providers – through reliability, an attractive range and improved service”.
In a statement, management took stock of the latest developments. “The past few months have been intense and challenging for everyone involved. We are all the more pleased that Defshop has now been successfully repositioned and that we can look forward together with our partners,” it says. “Our special thanks go to our employees, brands, service providers and, above all, our customers who have accompanied us on this journey and continued to place their trust in Defshop.”