Well-known luxury company is insolvent: branches in Germany affected after bankruptcy. Well-known jeweler is insolent: branches of the traditional company are also affected by bankruptcy in Germany.
183 creditors now made claims because the company had assets of around 613,000 euros and was now faced with a mountain of debts of almost eight million euros. The intention is to continue operating the company for the time being, as well as to continue business operations in the branches unabated. But there is at least some good news in the bankruptcy that makes the continued existence of the well- known luxury company at least seem possible.