Out for the cult fashion brand in Austria

The German subsidiaries of the insolvent British fashion firm Bench shut down their stores and cease operations. In Austria is also locked. The trademark rights buyer, the US investment firm Gordon Brothers, has no interest in the continuation of the store network, and stocks in the stores are only small, has Insolvency administrator Rolf Pohlmann said in Munich

The Netherlands will be closed in the coming days and weeks, it was reported Monday. The approximately 200 employees were fired.

© APA / dpa / Luk Brandt

Two branches in Austria

Bench is known in Germany for its hooded and polar sweaters. Declining demand, fierce competition and the devaluation of the pound sterling had caused the company to fail in Manchester

In Austria, Bench International Retail GmbH had two branches in Designer Outlet Parndorf in Burgenland and Wals-Himmelreich . in Salzburg.