Lambert GmbH, a long-established furniture retailer from North Rhine-Westphalia, has filed for insolvency under self-administration. The company, which has been trading since 1967, operates six stores across Germany in Munich, Hamburg, Düsseldorf, Berlin, Frankfurt, and Cologne, as well as an outlet in Mönchengladbach and a store in Zollikon, Switzerland. Lambert employs around 70 staff and generates approximately ten percent of its revenue through online sales.
© Lambert
Sole managing director Ole Franke is overseeing the proceedings, with the international law firm White & Case acting as insolvency administrator….