Sustainable fashion brand Hemper has filed for creditor bankruptcy and liquidation due to insolvency. The Madrid-based company also presented a bid for the acquisition of some of its assets.
In an official statement released June 16, 2025, Hemper’s management announced the company’s bankruptcy filing. The sustainable fashion and accessories brand, which specialises in showcasing hemp as a sustainable and low-impact raw material for the fashion ecosystem, made the decision due to its complex financial situation. Hemper’s management justified the move, citing the “growing complexity” for independent and committed brands working towards a “purpose-driven” fashion and textile industry. This situation threatens to end Hemper’s…
