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Insolvent Hamburg Fashion Brand Closed Has New Owners
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Due to high debts, the Hamburg fashion label Closed was forced to file for bankruptcy at the beginning of August. Now, rescue is at hand: The new owners are experts in textiles.
Hamburg (dpa) – The Hamburg fashion brand Closed gets new owners. The insolvent company will be taken over by the experienced German business family Böck and Dieter Holzer, a spokesman for the insolvency administrator Stefan Denkhaus announced. "This is what the Hamburg company is going to do for experienced and valued entrepreneurs and managers in the international fashion industry," it said. The company headquarters of the fashion brand will r…
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