Bag manufacturers: Bree applies for insolvency proceedings in self-administration – The Global Domains News

The bag manufacturer Bree has requested the local court of Hamburg for the opening of insolvency proceedings in self-administration. Despite intensive efforts and a complete restructuring was not managed, the business is in the black due, it is said in a message of the company. Bree had moved in the past year, the companys headquarters from Hannover to Hamburg and the number of employees decreased significantly.

in Addition, you have tried to increase by a modernisation of the shops, and a new online store sales, it said. The strategy had not worked out quickly enough. In the 30 branches of the business, although satisfactory, the proportion of online sales but is still at only five per…

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