It was announced a few days ago that the insolvent Hamburg-based fashion company Closed has found new owners. During a press conference on Monday, the parties involved revealed initial details about the brand’s future. The purchase price, however, was not disclosed.
Dieter Holzer will take over the management of the company as CEO and co-shareholder. He will continue to work with the existing management team, including creative director Gordon Giers.
In Holzer, Closed gains a highly experienced industry leader. Throughout his career, he has managed German apparel companies such as Marc O’Polo and Tom Tailor. He previously held positions at Tommy Hilfiger and Esprit. Holzer, together with the Böck family of entrepreneurs who own Marc…