The insolvent German fashion brand Closed has been saved for now. On Thursday, the company announced the successful conclusion of its investor search, which began almost two months ago.
The new owners of Closed are the Böck entrepreneurial family and experienced fashion manager Dieter Holzer. The Böck family owns the clothing company Marc O’Polo SE. The company has been managed by Maximilian Böck since 2021. He is the son of Werner Böck, who acquired a majority stake in the originally Swedish company in 1997 and relocated its headquarters to Stephanskirchen in Upper Bavaria.
Dieter Holzer was Maximilian Böck’s predecessor as CEO of Marc O’Polo and is now a member of the company’s supervisory board. During his career, he also…