insolvency Archives

Furniture Chain KikaLeiner Files For Insolvency Once Again

November 13, 2024

The Austrian furniture chain Kika/Leiner filed for insolvency again under new ownership, following its bankruptcy in June 2023.

Tedi Expands Its Presence In Belgium

September 13, 2024

Tedi has been present in Belgium since last year, and now the non-food discounter is significantly expanding the number of its stores in the country through an insolvent fashion retailer.

Scotch & Soda Plans To Hold On To Its German Market Presence

September 6, 2024

Following the start of the brand´s insolvency proceedings in Germany earlier this week, according to a recent interview between Bluestar CEO Joseph Gabbay and the German “Textilwirtschaft”, the US investment company, which owns the Scotch & Soda brand rights, is planning to hold on to the market.

Esprit Makes Use Of License Portfolio To Cut Further Losses

July 31, 2024

In future, the company will limit itself to managing its intellectual property rights and the licensing business, the Group announced on Monday.

Esprit´s Wholly-owned Dutch Subsidiary Files For Bankruptcy

July 23, 2024

Esprit has announced that it is applying for the commencement of insolvency proceedings for its NLEB subsidiary at the District Court of Amsterdam, the Netherlands.

German Deco Retailer Depot Slides Into Insolvency

July 17, 2024

The Depot furniture chain is insolvent, but the company has plans for a possible restructuring.

Esprit Files Insolvency In Austria: All Stores Are To Be Closed

June 27, 2024

Following the insolvency of the European branch of the Esprit fashion chain in Germany in May, the Austrian subsidiary is now also insolvent.

S&S EUROPE, The Retail And E-Commerce Organization Of The Fashion Brand Scotch & Soda, Is Bankrupt

June 14, 2024

Stores and the online store are said to remain open, while trustees aim for a restart.

Investor CBR Group Backs Out Of Aiding Esprit In Its Restructuring

June 7, 2024

Already preceeding the fashion retailer´s insolvency in May, Esprit seemed to have secured a potential investor, who would help the company with its restructuring. Now, CBR Group has backed out of supporting Esprit.

Creditors Have Approved The Insolvency Plan For Galeria

May 29, 2024

The creditors of Galeria Karstadt Kaufhof have approved the restructuring plan for the insolvent department store chain, announced the insolvency administrator Denkhaus. Despite the rescue, 1,400 people will lose their jobs.

Esprit Companies File For Insolvency

May 15, 2024

After the company´s insolvency in Switzerland and Belgium in the past two months, Esprit Europe GmbH and six other German companies of the fashion group are now filing for insolvency under self-administration in Düsseldorf.

With One Billion Euros In Debt, The Signa Retail GmbH Is Also Bankrupt

May 8, 2024

On Tuesday, reorganization proceedings without self-administration were opened for the assets of Signa Retail GmbH, an intermediate holding company, at the Commercial Court of Vienna.

SportScheck Takeover By Cisalfa On Course

May 2, 2024

The takeover of the insolvent SIGNA retailer SportScheck by the Italian company Cisalfa has been given the green light.

16 Galeria Department Stores To Close Until The End Of August

April 29, 2024

Galeria Karstadt Kaufhof has published a list of stores that are to be closed as part of the company’s third insolvency. The list includes 16 locations, three of which are in Berlin alone.

Consortium wants to take over Galeria Karstadt Kaufhof

April 9, 2024

As reported by “Handelsblatt”, a buyer has been found for the insolvent department store chain. A consortium consisting of the US investment company NRDC Equity Partners and the entrepreneur Bernd Beetz wants to take over the insolvent department store chain Galeria Karstadt Kaufhof.

Signa: Project company of Viennese “Lamarr” files for insolvency

February 2, 2024

The project company responsible for the construction of the Lamarr department store in Vienna has filed for insolvency proceedings at the Vienna Commercial Court.

German department store giant Galeria could file for insolvency again

January 8, 2024

The department store group is preparing for its third insolvency proceedings in a short space of time.

Cookie	Duration	Description
cookielawinfo-checkbox-advertisement	1 year	Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent	1 year	Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.
elementor	never	This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Cookie	Duration	Description
_ga	2 years	The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_gat_gtag_UA_135750163_2	1 minute	Set by Google to distinguish users.
_gid	1 day	Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.

insolvency