Waldfischbach-Burgalben – Schuh-Welt Schuhhandels-GmbH is insolvent. Demand has fallen while costs have increased at the same time, report FashionUnited and schuhkurier.

Attorney Jüchser from the law firm Lieser Rechtsanwälte was appointed as provisional administrator. The total of 80 employees, whose salaries are secured by the insolvency money in the preliminary proceedings until April, have been informed.