The fashion retailer Sinn has completed its bankruptcy proceedings in August.
On August 31, the Hagen District Court opened the insolvency proceedings, making sense “successfully restructured”, according to a message on Monday.
“The traditional company can concentrate entirely on what is important to the 34 fashion houses – fashion, service and shopping experiences for customers,” said the company with more than 1,500 employees. The fashion houses are mainly located in North Rhine-Westphalia and focus on medium-sized cities.
The branches have a sales area between 1,000 and 10,000 square meters with up to 120 employees per location. 75 employees work in the Hagen service center.
Further under partner Goebel
Under partner Isabella Goebel and the new management team around Christian Döscher and Philipp Reifferscheid, Sinn wants to open a new chapter in his 175th anniversary year. Finally, according to the announcement, the company generates annual sales of 240 million euros.
The range comprises 500 brands and thus offers a range of more than two million people.
Goebel was able to prevail as the owner of Sinn with a creditor: interior assembly in April. Previously, the Düsseldorf fashion retailer Peek & Cloppenburg had also been interested in taking over the insolvent fashion chain through his parent company JC Switzerland Holding.