Fashion chain Gerry Weber also bankrupt in Austria

Summary by Die Presse

20 sites and over 100 employees are affected. There is still uncertainty about the continuation of the business.

Bankruptcy proceedings

Bankruptcy proceedings are to be opened against the Austrian subsidiary within a few days. In June, the company announced the closure of 122 stores in Germany.

Reports from various sources

1. Gerry Weber: Bankruptcy filing and closures also in Austria
   3 years ago · Düsseldorf, Germany

2. Fashion chain Gerry Weber also bankrupt in Austria
   3 years ago · Vienna, Austria

3. Gerry Weber: Austrian subsidiary also bankrupt
   Now, the Austrian subsidiary of clothing chain Gerry Weber has also fallen into the maelstrom of insolvency. Almost three months after the start of restructuring proceedings, it has now become known that numerous branches in Austria are also affected.

4. Garment chain Gerry Weber also bankrupt in Austria, two Tyrolean stores affected
   The wave of insolvencies in retail continues. The clothing chain Gerry Weber, with 20 locations and more than 100 employees, is now also bankrupt in Austria.

5. Stores close: fashion retailer Gerry Weber also bankrupt in Austria
   The German women's fashion manufacturer Gerry Weber has been in insolvency proceedings since April. The Austrian subsidiary submitted an application for insolvency at the commercial court in Vienna last Thursday evening.

6. Gerry Weber also locks down the 19 branches in Austria
   Bankruptcy proceedings against the assets were opened today at the Vienna Commercial Court. The creditor protectors KSV1870 and AKV announced on Friday that in Germany, the company has been struggling for some time and is in insolvency proceedings.