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. Despite bankruptcy, traditional company plans to continue operations 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.