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Because of rescue: Sport-Scheck closes its Munich branch - all employees are probably laid off

2024-03-14T16:45:46.231Z

Highlights: Because of rescue: Sport-Scheck closes its Munich branch - all employees are probably laid off. All employees have been terminated and will not receive any severance pay: employees report this. The main branch in the pedestrian zone is scheduled to close on June 15th without replacement. The company headquarters remains in Obersendling. 1,500 employees work there and in 34 branches in Germany. It all started in 1946 when Otto Scheck made his first collection of winter clothing from military supplies.



As of: March 14, 2024, 5:40 p.m

By: Nadja Hoffmann

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The lights go out here: the Sport-Scheck branch will be closed on June 15th.

© MARTIN_HANGEN Martin Hangen

Bad news from the Munich headquarters of the Sport-Scheck Group: It will close on June 15th.

All employees have been terminated and will not receive any severance pay: employees report this.

At first glance it looked as if this news was good for Munich: it had just been announced that the Italian specialist retailer Cisalfa was buying the insolvent Sport-Scheck.

Now it becomes clear what this takeover means: According to employee circles, the new owner is letting the Munich flagship store go under.

The main branch in the pedestrian zone is scheduled to close on June 15th without replacement.

The employees were fired.

They are on the streets without compensation.

On Thursday, our colleagues still couldn't believe that things were really getting that bad.

“It was always said that Munich is safe.” So sure.

Now everyone has to come to terms with the fact that things aren't going any further, adds an employee who doesn't want to give his name publicly.

Or not allowed.

The employees were encouraged by the company management not to let anything leak to the outside world.

Nevertheless, another employee reveals that the mood among colleagues was extremely depressed on Thursday.

“Everyone came today.” The question remains whether this will continue to be the case in the next few weeks.

He says: The branch will close in mid-June and the contracts expire on June 30th.

Some colleagues have been working for the traditional business for decades.

The abrupt end shocked everyone.

Company does not respond to request

Of course, Sport-Scheck has not officially confirmed these plans: a request remained unanswered on Thursday.

What is surprising: the day before, the company had expressed itself as follows: As the new owner, Cisalfa Sport would take over the business operations “while continuing the SportScheck brand and the Munich location as headquarters”.

What could be meant is that the company headquarters remains in Obersendling.

1,500 employees work there and in 34 branches in Germany.

For them there was the sad news in November 2023 that Sport-Scheck, as a subsidiary of Signa Holding, was slipping into insolvency.

René Benko's retail division swallowed up the sports retailer in 2019.

A company with a great tradition: the company was taken over by the Otto Group in 1991.

It all started in 1946 when Otto Scheck made his first collection of winter clothing from military supplies.

The Munich headquarters, which was located on Sendlinger Strasse for decades, made history.

In 2013, Sport-Scheck moved to Neuhauser Straße 21. A piece of the city's history now ends there, in the pedestrian zone.

Source: merkur

All news articles on 2024-03-14

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