Insolvent fashion retail chain Hallhuber: branch closures in Berlin until the end of October

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Von: NAG Redaktion

Die insolvente Modehandelskette Hallhuber könnte Medienberichten zufolge ihre Filialen bis Ende Oktober schließen. In Berlin sind Geschäfte unter anderem in der Mall of Berlin und am Kurfürstendamm betroffen. Wie die „Immobilien-Zeitung“ berichtet, kündigte die Münchner Zentrale der Handelskette bereits alle bestehenden Mietverträge für 130 Ladengeschäfte in Deutschland, Österreich und der Schweiz zum Monatsende. Seit Jahren in der Krise Dem „Focus“ zufolge sollen sich die „geplanten Schritte zur Auflösung des Unternehmens bereits in einem fortgeschrittenen Stadium“ befinden. Ein Sprecher teilte dem Medium jedoch auch mit, dass noch mit möglichen Investoren verhandelt werde, also eine kleine Chance auf Rettung bestehe. Hallhuber hatte …
According to media reports, the insolvent fashion retail chain Hallhuber could close its branches by the end of October. In Berlin, shops are affected in the Mall of Berlin and on Kurfürstendamm. As the “Immobilien-Zeitung” reports, the Munich headquarters of the retail chain already terminated all existing rental contracts for 130 shops in Germany, Austria and Switzerland at the end of the month. According to the "Focus", the "planned steps to dissolve the company should already be located in an advanced stage" in the crisis. However, a spokesman also informed the medium that there is still a negotiation with possible investors, i.e. there was a little chance of rescue. Hallhuber had ... (Symbolbild/MB)

The insolvent fashion retail chain Hallhuber could according to media reports to close its branches by the end of October. In Berlin, shops are affected in the Mall of Berlin and on Kurfürstendamm.

As reported by the “Immobilien-Zeitung”, the Munich headquarters of the retail chain already terminated all existing rental contracts for 130 shops in Germany, Austria and Switzerland at the end of the month.

in the crisis

According to the "Focus", the "planned steps to dissolve the company are already in an advanced stage". However, a spokesman also informed the medium that there is still a negotiation with possible investors, i.e. there was a little chance of rescue.
Hallhuber had already registered bankruptcy proceedings on their own administration in May, the web shop was closed. As a reason, the management referred to "massive loss of sales".

The insolvent fashion retail chain Hallhuber plans to close all of its branches by the end of October, including shops in Berlin, such as in the Mall of Berlin and on Kurfürstendamm. According to the “Immobilien-Zeitung”, the headquarters of the retail chain have already terminated all existing rental contracts for 130 shops in Germany, Austria and Switzerland. However, it is said that negotiations with potential investors could still take place and there could be a little chance of rescue.

Hallhuber has been in an existential crisis for several years. In 2020, the company was already in an imbalance due to the Corona Lockdown and had to apply for a protective shield insolvency proceedings. The management justified the bankruptcy with massive loss of sales.

This possible closure of Hallhuber branches in Berlin would have local effects on the city's employees and consumers. Employees would lose their jobs, and customers would have fewer opportunities to buy fashion from Hallhuber. In addition, the closure of the branches could have an impact on the surrounding shops and shopping centers, since less frequency and sales would be generated.

according to a report by www.tagesspiegel.de