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The Dutch branch of women’s fashion chain Gerry Weber has filed for a suspension of payment, after its German parent company was declared insolvent. Both companies’ future looks markedly uncertain.
Financial problems seep through
The chain’s Dutch branch hopes that a suspension of payment would clear the way for a possible restart, Dutch newspaper FD reports. The branch currently has 38 stores, which will remain open for the time being as administrator Marc van Zanten already sees international interest for the…
