The fashion retailer Hallhuber GmbH has filed for bankruptcy again. Whether the company can be saved again is questionable.
A large German fashion company has to file for bankruptcy again: According to an exclusive report by “Textil Wirtschaft”, the Munich-based company Hallhuber GmbH had to file for bankruptcy again. The procedure was therefore approved on May 31st.
As Hallhuber confirmed to the TW, “multiple crises in the textile retail trade” and the resulting loss of sales persuaded the retailer to take this step. A new investor is now to be landed via the path to insolvency.
Hallhuber insolvent again: For the company it should be a matter of “life and death”.
According to the report, the trustee for Hallhuber will be the lawyer Christian Gerloff. In addition, Sven Tischendorf, who last owned the ailing retail chain real, and Alexander Höpfner were appointed managing directors.
Hallhuber GmbH only filed for bankruptcy around two years ago, mainly due to the corona restrictions. At that time, the company was taken over in the course of a buy-out by CEO Rouven Angermann and CFO Torstenkolb.
Hallhuber operates around 110 branches in Germany, employing 1,100 people. An insider apparently revealed to TW that the company’s renewed insolvency was “a matter of life and death”.