Another brand from the insolvent Klingel Group has found a new owner. On Monday, the company announced that the parent company K – Mail Order GmbH & Co. KG would sell the Diemer jewelry label to a company in the Göde Group.
The planned transaction was “unanimously approved by the creditors’ committee,” it said in a statement. The Göde Group will therefore take over “the brand as well as the domains, customer addresses and the warehouse” from Diemer on February 1st.
The Klingel Group, which filed for bankruptcy last May, has already been able to sell its clothing brands Klingel, Babista, Mona, Miamoda and Happysize as well as the shoe label Vamos over the past few months. According to plans, business operations are to cease at the end of the current month. In addition to the umbrella company, the mail order company Impressionen will also be processed.
Klingel managing director Cord Henrik Schmidt gave a positive interim assessment of the past few weeks and once again outlined future plans. “We sold several brands within a short period of time. “This is very pleasing,” he said in a statement. “We are still in discussions with interested parties. January 31, 2024 is the last day to order in our online shops. From February we will then sell the remaining inventory and other fixed assets.”