Schuh Graf reports bankruptcy: 27 branches further open!
Schuh Graf reports bankruptcy: 27 branches further open!
Fellbach, Deutschland - Die Schuh Graf GmbH & Co. KG from Fellbach, a traditional family company of the third generation, registered bankruptcy on June 12, 2025. The application was approved by the Stuttgart District Court in order to stabilize and secure business operations in the long term. The company, founded by Julius Graf in 1938, runs 27 branches that sell shoes under the brand names Schuh-Mann and Quick Schuh shoes.
The bankruptcy report is part of a growing trend, since other shoe retailers such as Görtz and Onygo also have similar difficulties. Industry experts observe a challenging market environment that is characterized by changing consumption habits, high competitive pressure and increasing costs. For Schuh Graf, Steffen Beck works as a renovation expert from the Pluta law firm and supports the management during the procedure. Dr. Tibor Daniel Braun was appointed as a preliminary actor.
Current measures and collateral
Despite the bankruptcy registration, the sale continues in all 27 branches without restrictions. The wages and salaries of the employees are secured by bankruptcy money for the next three months, which should offer employees a certain security in this uncertain time. The branches are mainly in Baden-Württemberg, with two exceptions in Rhineland-Palatinate and Hesse.
The managing director Götz M. Graf is optimistic about the company's renovation prospects. In an increasingly competitive market, which is pressed by online trading and buying the purchase, Schuh Graf relies on a realignment in order to be able to work successfully in the business in the future.
The challenges for companies like Schuh Graf are not unique. In 2024, a total of 21,812 companies registered bankruptcy in Germany, which corresponds to an increase of over 22% compared to the previous year. Reasons for these growth are both current and earlier crises that many companies have hit hard. It is assumed that the number of bankruptcies could continue to increase, especially for companies that have been on the market for several years.
Although bankruptcies are a serious situation, they are just a form of corporate closure. When considering all closures, including those of former self -employed, it becomes clear that bankruptcies do not represent the most common cause of corporate tasks.
Overall, Schuh Graf GmbH & Co. KG is faced with a critical phase, and the industry is pursuing the developments. With the right approach, the company could create the turn to re -assert itself in a highly competitive market.
Further information on this topic can be found at vienna.at, [Merkur.de] (https://www.merkur.de/wirtschaft/weiterer- deutscherschuh-haendler-ist-insolvent-was-passier-mit-den-27-fillials-93770620.html) and ifm Bonn can be found.
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Ort | Fellbach, Deutschland |
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