Waldfischbach-Burgalben – Schuh-Welt Schuhhandels-GmbH is insolvent. The reason for the application is the difficult overall economic situation.

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 aim now is to advance the strategic realignment of the company that has already begun over the past two years.