The fashion company Orsay could go bankrupt in early 2022. Therefore, countermeasures have now been initiated – with effects on German branches.
Willstätt – The corona pandemic * is increasingly having an impact on the fashion industry. More and more companies such as Galeria Karstadt Kaufhof or C&A are even struggling with closings. In the worst case scenario, Orsay could soon be hit. The fashion chain from Baden-Württemberg is threatened with insolvency in the 1st quarter of 2022.
24RHEIN explains how Orsay wants to avert the impending bankruptcy and what it means for the branches.
Due to the financial problems, protective shield proceedings were initiated on November 26th. But how could it even come to that? In addition to Corona, price increases in logistics and material also caused problems in the case of Orsay. The financial aid in summer 2021 did not help in the long term either. At that time, the fashion company received 33 million euros from the state. (os) * 24RHEIN is an offer from IPPEN.MEDIA.
