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It gets even worse: Sport-Scheck is closing more branches - including in Unterhaching

2024-03-15T15:35:32.324Z

Highlights: It gets even worse: Sport-Scheck is closing more branches - including in Unterhaching. As of: March 15, 2024, 4:27 p.m By: Nadja Hoffmann CommentsPressSplit The main building will close on June 15th. A total of 200 of the 1,300 employees will soon be on the streets. Half of them in Munich. There is no suitable new location in all of Munich “As part of the necessary restructuring, we tried intensively to limit the closure of branches and the associated job losses to a minimum,” says insolvency administrator Axel Bierbach.



As of: March 15, 2024, 4:27 p.m

By: Nadja Hoffmann

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The main building will close on June 15th.

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200 employees are laid off, half of them in Munich: The bad news about the Sport-Scheck takeover continues.

The lights go out at a total of five locations.

A high price must be paid to save the insolvent Sport-Scheck - at the expense of the employees in Munich.

As reported, they were terminated without severance pay and the lights at the company's headquarters will go out on June 15th.

Now it turns out that everything gets much worse after the takeover by the Italian sports retailer Cisalfa Sport.

As insolvency administrator Axel Bierbach from the law firm Müller-Heydenreich Bierbach & Colleagues explained on Friday, the Sport-Scheck branches in Augsburg, Aachen and Bremen as well as the outlet in Unterhaching will also be closed.

A total of 200 of the 1,300 employees will soon be on the streets.

Half of them in Munich.

There is no suitable new location in all of Munich

“As part of the necessary restructuring, we tried intensively to limit the closure of branches and the associated job losses to a minimum,” says Bierbach.

It was not possible to bring the four affected branches out of the loss zone.

“The flagship store in Munich must be closed because, despite an intensive search, it has not yet been possible to find a new, suitable location.” As reported, the company was unable to reach agreement with the owner of the property, Bayerische Hausbau agree on lower rents.

Therefore, the rental agreement on Neuhauser Straße was terminated.

With the closure of the main building, a piece of Munich's history comes to an end.

In 1946, the later company's first winter collection was tailored by Otto Scheck in the state capital.

In 2019, René Benko's Signa Group bought Sport-Scheck.

In November 2023, the company was swept into bankruptcy when the empire collapsed.Sp

Source: merkur

All news articles on 2024-03-15

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