Well-known luxury company is insolvent: branches in Germany affected after bankruptcy. As of: February 16, 2024, 6:01 p.m By: Mark Stoffers CommentsPressSplit Another traditional company has to file for bankruptcy.
Branches and employees in Germany are also affected by the bankruptcy. The company had assets of around 613,000 euros and was now faced with a mountain of debts of almost eight million euros. The “non-systemically relevant” retail trade and thus also the trade in watches and jewelry have apparently suffered greatly.