Type
Bankruptcy
Country
Germany
Region
Location of affected unit(s)
Sector
Retail
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale Of Household Goods
46.42 - Wholesale of clothing and footwear

290 - 614 jobs
Number of planned job losses
Job loss
Announcement Date
14 April 2004
Employment effect (start)
Foreseen end date

Description

Boecker, the insolvent fashion company, is to close seven of its 10 branches by the end of May 2004. By the end of April 2004, an initial 290 out of a total of 614 jobs are to be cut, and insolvency proceedings are due to begin on 1 May 2004. No decision is reported yet to have been reached regarding the future of the three remaining branches, at Bad Godesberg, Mulheim and Remscheid.


Sources

  • 14 April 2004: Financial Times Deutschland

Citation

Eurofound (2004), Boecker, Bankruptcy in Germany, factsheet number 60413, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60413.