WEBERIT: German automotive supplier slides into insolvency again / Local court orders reorganisation under self-administration

German automotive supplier slides into insolvency again / Local court orders reorganisation under self-administration — By Plasteurope.com staff —  A sharp decline in sales has pushed automotive supplier Weberit Plastics Technologies (Oberlahr, Germany; www.weberit.com) into financial distress, prompting the company to file for insolvency under self-administration. On 29 July 2025, the local court of Betzdorf…

Denim label Closed files for insolvency

Italian-inspired premium denim label Closed has filed for insolvency and placed a corresponding application with the Hamburg district court in Germany. Despite its financial difficulties, business operations are to continue unchanged. View of the Closed store in Osnabrück, one of its 26 retail locations in the German market. – Rüdiger Oberschür Hamburg-based lawyer Stefan Denkhaus from the…

Denim label Closed files for insolvency

Italian-inspired premium denim label Closed has filed for insolvency and placed a corresponding application with the Hamburg district court in Germany. Despite its financial difficulties, business operations are to continue unchanged. View of the Closed store in Osnabrück, one of its 26 retail locations in the German market. – Rüdiger Oberschür Hamburg-based lawyer Stefan Denkhaus from the…