As of: February 3, 2024, 7:04 p.m
By: Lisa Mayerhofer
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The insolvent Signa subsidiary SportScheck will probably have to give up its branch in downtown Munich.
No agreement could be reached with the landlord.
Munich - After the bankruptcy, the next shock comes for SportScheck, which is part of René Benko's Signa empire: As the sporting goods retailer wrote loudly in a press release on Friday morning, it has not been able to reach an agreement with the landlord Bayrische Hausbau in the past few weeks about the continuation of the rental agreement become.
The company is already “intensively searching for potential new sales areas in downtown Munich”.
The textile industry
specialist portal reported first
.
Sportscheck had to file for bankruptcy in November
The employees were informed during Friday.
The goal now is to find a new location for the flagship.
Sportscheck filed for bankruptcy at the end of November 2023 after the parent company Signa Holding went bankrupt.
The company has 34 branches nationwide and an annual turnover of around 350 million euros.
It was actually announced in the fall that Sportscheck would be taken over by the British fashion retailer Frasers Group.
The takeover is still expected to take place, but it is no longer clear when exactly.
SportScheck branch in Munich's pedestrian zone.
© Lino Mirgeler/dpa
Other potential investors have expressed interest in taking over SportScheck and the process is open again.
“This makes SportScheck confident that it will find a new, strong partner who will ensure long-term stability for the company,” the company announced in November.
The restructuring and investor process should be completed by March at the latest.
With material from dpa