insolvent fashion brand Closed has new owners

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.…

insolvent fashion brand Closed has new owners

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.…

Adgemis Declares Bankruptcy Owing $1.8bn

UPDATE: Pitcher Partners executive director Andrew Yeo has been appointed as trustee of the bankrupt estate of Jon Adgemis by order of the Federal Court.  Yeo and his staff will now commence detailed investigations in relation to the bankrupt estate, including a review of any investigations already undertaken by the controlling trustees, an interview of…