Creditors Gerry Weber air | economy

Halle/Westfalen (dpa) - With a temporary deferral of their claims, the creditors give the ailing fashion manufacturer Gerry Weber air. you have agreed to the

Creditors Gerry Weber air | economy

Halle/Westfalen (dpa) - With a temporary deferral of their claims, the creditors give the ailing fashion manufacturer Gerry Weber air.

you have agreed to the concept to deal with the consequences of the Corona-crisis with an outstanding majority, said Gerry Weber, on Tuesday. In order for you to youngsters the company in the core 35 per cent of their claims up to 31. December 2023, to be pay subsequently.

The long with economic problems, fighting fashion manufacturer had released only the year in April 2019 opening of insolvency proceedings in self-administration behind. In the course of the restoration efforts, only more than 100 stores were closed, but also, around 1000 jobs have been eliminated.

Due to the Corona-crisis caused sales problems Gerry Weber builds more than 200 of the last of around 3000 jobs. This had been agreed with the employee representatives, collective agreements and company agreements, - stated in the message. The owner of Gerry Weber also made significant contributions, for example through the increase of the means of production.

The closing of the sale was land in the new approach is not planned. However, it provides for other concessions of the landlord, without the closures would be inevitable. The pandemic had led in the case of Gerry Weber to a loss of Sales of significantly more than EUR 100 million. Meanwhile, all shops in Germany are open again.

Ad-hoc-announcement

Date Of Update: 04 June 2020, 17:34
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