Insolvency proceedings for Lena Hoschek: Hope for renovation in Vienna

Insolvency proceedings for Lena Hoschek: Hope for renovation in Vienna

In the Vienna fashion scene, a current message provides concern. The company led by the renowned designer Lena Hoschek has filed for bankruptcy at the Vienna Commerce Court. Despite this challenging Situation, there is hope: The facility with 60 employees should continue to be operated.

The fashion of Lena Hoschek is very popular internationally. Your current autumn/winter collection, which combines traditional Scottish elements with historical romance, is offered both in a flagship store in the heart of Vienna and in your own online shop. According to reports, the bankruptcy application was not made lightly, and the management has already outlined measures to renovate the company.

causes of bankruptcy

The company's spokeswoman emphasizes that securing jobs is one of the main goals. The company's financial difficulties have several causes. This includes challenges in the delivery of materials that have had a negative impact on business operations. In addition, the company had to fight with advance payments and a deterioration in the financing conditions, which were still exacerbated by the after-effect consequences of Corona pandemic.

A comprehensive concept was created for the renovation of the company. The plan stipulates that around 20 percent of the claims are paid to the creditors. The focus is on maintaining the previous business relationships and bringing the company back on a growth course as soon as possible.

The spokeswoman expressed itself optimistically about the exact steps to stabilize the company. You work intensively to take the necessary measures to secure both the future of the company and the 60 employees.

Further developments on this topic and details on the financial situation of Lena Hoschek can be found .