Business operations will continue as the 94-year-old German beauty retailer undergoes restructuring.WHO: Founded in 1931 by Anna Pieper and her son Gerhard as a small soap shop in Bochum, Parfümerie Pieper operates an e-commerce shop and physical stores across Germany. Dr. Oliver Pieper and Torsten Pieper are part of the management team and are leading the family business in its fourth generation. The retailer has more than 120 locations with a wide range of top international brands, including Chanel, Estée Lauder, and Lancôme.WHY: “The self-administered restructuring gives us the opportunity to stabilize our company and develop it strategically while maintaining full operational control,” says Managing…
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