After the businessman Peter Schödlbauer filed for bankruptcy at the Regensburg district court at the beginning of February, the Mode Schödlbauer shop in Bad Kötzting in eastern Bavaria and the associated online shop had to be closed three months later on April 30th. The company confirmed this when asked by FashionUnited.
The reason is the “low sales” recorded by the shop and online shop. The specialization in the niche area of shirts, which worked very well before the pandemic, was detrimental during and after the pandemic. In an interview with Textilwirtschaft a good year ago, Schödlbauer, who is still running the business in the third generation, explained that he did not want to bow to the loungewear trend and wanted to offer more informal clothing.
Incidentally, the reluctance of consumers to buy in stationary retail, especially in small towns like Bad Kötzing, made things difficult for the 89-year-old fashion house.
The online shophemden-Meister, which specializes in inexpensive men’s shirts and women’s blouses in various fits for leisure and office, is “currently maintained and fully continued” according to the company.
Shirts Master is for sale
However,hemden-Meister could be sold: “In this regard, we are still in negotiations with an interested party for the purpose of taking over the business,” it said.
hemden-Meister started in 2004 as part of a mono-label shop and then expanded in 2007 with its own online shop. In addition to an extensive range of over 15,000 different items of clothing, the shop also offers an alteration and monogram service as well as material and care instructions, tips for stain removal and general style and label tips for an appropriate business look.
Attorney Hubert Ampferl, a restructuring expert from the law firm Dr. Beck & Partner, who was appointed provisional insolvency administrator by the district court of Regensburg, was still confident in February that the company would be preserved and pointed to the return rate, which was well below the industry average.
Now the creditors’ meeting scheduled for July 12, where the sale ofhemden-Meister will be discussed, is eagerly awaited.
The company also wants to officially comment on the current situation at the end of the month.