According to difficulties in Germany, Gerry Weber’s Dutch subsidiary is not spared.
At the Amsterdam court, the company submitted an application for payment of payment for its Dutch division, which is led in the commercial register under the name Gerry Weber Retail. The company announced this in a press release on Monday. 175 employees are employed in the Dutch unit.
The 38 Dutch branches remain open for the time being, but consumers: Inside, there are currently no orders on the brand’s online shop. What effects the moratorium on existing orders of retailers: inside is still unclear.
The continuation of the business operations is sought
Marc van Zanten, appointed as a preliminary administrator, is currently working on a possible continuation of business operations. “There is a serious and international interest in the Gerry Weber branches in the Netherlands,” said van Zanten. “All shops therefore remain open to keep the chances of continuing with receipt of jobs as large as possible.”
The German parent company, Gerry Weber International GmbH, again applied for bankruptcy in self -administration in March. This bankruptcy now also has a financial impact on the Dutch subsidiary. The aim of the current procedure is to continue the company with an adapted structure that is better adapted to the current market conditions.
“Despite the far -reaching measures that Gerry Weber has already taken in recent years, despite the positive response of the market to the collections, the company has not yet built up sufficient financial buffers in order to compensate for such an accumulation of unexpected crisis factors,” explained restructuring expert Dr. Christian Gerloff, who heads the bankruptcy proceedings in Germany. “The persistently weak consumer climate in Germany and other parts of Europe forces us to adapt the company’s strategy and structures again.”
This article was used with digital tools translated.
Fashionunited uses artificial intelligence to accelerate the translation of articles and improve the end result. They help us make the international reporting of fashionunited a German -speaking readership quickly and comprehensively accessible. Articles that have been translated using AI-based tools are read and carefully edited by our editor: Correcting inside before they are published. If you have any questions or comments, please contact me by email to [email protected]