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Peek&Cloppenburg files for insolvency

2023-03-03T11:11:50.125Z


Germany's largest fashion retailer, Düsseldorf-based Peek&Cloppenburg KG, is insolvent. According to information from manager magazin, a corresponding application will be made to the district court in Düsseldorf today.


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Peek & Cloppenburg branch in Düsseldorf

Photo: IMAGO/imageBROKER/Karl F. Schöfmann / IMAGO/imagebroker

Germany's largest fashion retailer, Düsseldorf-based Peek&Cloppenburg KG, is insolvent.

According to information from manager magazin, a corresponding application for the German business will be made at the Düsseldorf district court at 12 noon.

Insolvency proceedings under self-administration were applied for.

The Düsseldorf law firm AndresPartners is said to have been appointed as the insolvency administrator.

The responsible district court did not want to confirm or deny the information.

Peek&Cloppenburg has so far left an inquiry unanswered.

More on that shortly.

Source: spiegel

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