Published in Fashion on 13-05-2011
The creditors of the fashion group Gerry Weber have almost unanimously approved an insolvency plan, therefore paving the way for a new start with new owners.
» Read more
Tom Tailor is close to a refinancing agreement. The clothing group has been able to conclude an agreement with the owner, Fosun, and the banks. As for Bonita, the cause of the problems, a new buyer is being sought.
Zara is currently testing automatic parcel machines in its stores in Germany: in their flagship store in Hamburg, there is room for as many as 700 parcels. The fashion chain’s aim, is to encourage click&collect.