Germany news and archive

Fresh start with 36 stores: Pepco Germany ends insolvency proceedings

Last summer, the German subsidiary of retailer Pepco NV filed for insolvency. Following a comprehensive restructuring that included significant cuts to its store network, the discounter is now set for a fresh start in the country. The self-administered insolvency proceedings for Pepco Germany GmbH, which began on October 1, will end on February...

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Business

German womenswear brand Les Lunes is insolvent

Sustainably-focused womenswear brand Les Lunes is insolvent. Les Lunes GmbH has filed for self-administration proceedings at the relevant district court in Charlottenburg, the Berlin-based company announced on Friday. The application has been accepted and the preliminary self-administration confirmed. Lawyer Torsten Martini from the law firm Gö...

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Business

The Breuninger case: the sale of Germany's last independent premium department store stalls

A year ago, rumours of Breuninger being up for sale surfaced. Since then, things have gone quiet. What could complicate a potential deal and which investors are even possible prospects? An analysis by Dirk Boventer, partner at the management consultancy Atreus. One year of sale intentions and no deal in sight Breuninger is considered one of the...

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Fairs

Düsseldorf Fashion Days: New beginnings, established practices and the question of courage

Over the weekend, Düsseldorf was once again dominated by fashion. Summer temperatures provided a fitting backdrop for the collections of the upcoming spring/summer 2026 season at Düsseldorf Fashion Days. However, alongside light silhouettes and cheerful colours, one theme particularly characterised the event: "Courage as a Must-Have". At the...

Retail

U.S. Polo Assn. expands into Germany: 20 stores planned

U.S. Polo Assn. opens its first store in Germany and plans further locations for the coming years. The brand of the United States Polo Association (USPA) is opening the doors of its first store in Berlin's Alexa shopping centre, as confirmed to FashionUnited. The German trade magazine Textilwirtschaft had previously reported on this. According...

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Business

German Supply Chain Law comes into force on 1st January 2023

The “Act on Corporate Due Diligence in Supply Chains” was passed by the German Bundestag in June 2021 and will come into force in a few short days - on 1st January 2023. It will initially cover large companies with 3,000 or more employees, and from 2024 also companies with 1,000 or more employees. What does this mean for companies? From Sunday,...

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Business

Amazon criticised for disposal of returned and unsold items in Germany

Online retailer Amazon has come under criticism because of its disposal of returned and unsold items. According to reports by German public-service television broadcaster ZDF and German business weekly Wirtschaftswoche on Friday, in the German warehouses of the US company, large volume of goods are simply disposed of. These items include...

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Gerry Weber to axe jobs

German fashion chain Gerry Weber is prepared to axe a series of jobs, as the company hopes to remove any weak areas in the business following a sluggish performance during the first half of its financial year 2014/2015, during which operational profit dropped 26.8 percent to 36.2 million euros. It remains unclear which roles within the company...