After the recent announcement that the Düsseldorf-based Peek & Cloppenburg’s initiated pre-bankruptcy proceedings, Wirtschaftswoche summarized a list of all German fashion retailers which have recently undergone such process. Many names will be familiar as they have strong store network in shopping malls and city centres across the DACH region and neighbouring countries.
As a general reminder, in the pre-bankruptcy proceedings oftentimes:
Here is the full list of the companies:
Some of these companies used to have revenue of billions of euros and have co-operated with leading global showbiz stars.
The most common reasons for bankruptcy of fashion retailers:
How safe is your company?