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Vienna. The decision on the future of the fashion chain Charles Vögele must fall tomorrow, July 31. "The question is more, which one?" Stressed his Austrian boss, Thomas Krenn, the "press".
In fact, it is the future of what remains of 1955 the Swiss textile merchant Charles Vögele. At the beginning of June, the company, which already had an activity in Belgium via Germany to Poland, announced its bankruptcy. The Italian fashion company OVS, which was the rescuers of the graying brand in 2016, sent them to orderly regulation after two unsuccessful years of renovation. 1,200 employees were allowed to leave without a social plan.
While the last Swiss branches are vacant, the 700 Austrian colleagues are wondering what decision Thomas Krenn wants to present them today. Behind the scenes, since the beginning of June – since we know that the mother is about to come out – he has negotiated with several concrete interested parties. Krenn was up to recently optimistic about finding buyers for the entire store portfolio. Specifically, it involves 137 stores with a total of 1,000 employees in the remaining markets of Austria, Hungary and Slovenia.
"That's Spitz on the button – similar to Kika / Leiner," recalls credit counselor Gerhard Weinhofer of the Creditreform at the latest Minute successful sale of the furniture chain. We had to wait and see if the ongoing operations could still be secured here. The same goes for Georg Ebner of the Credit Protection Association (KSV) in Graz. If no buyer is found, Charles Vögele must declare bankruptcy. "Alone, he will not be able to keep working." Time is running out not only because of the insolvent mother in the back, but also because employees had temporarily given up their vacation allowance in June. These deferred funds are in case of continuous operation in addition to the wages of the month of August. There are enough interested parties. Names like Spar, Hofer and Fussl are widespread. Only they are interested in individual places. The discounter Action and the fashion chain Miller & Monroe – the two major Dutch companies on a path of international growth – should also generate interest, "Die Presse". They look more like Krenn's taste. He already announced last week: the sale of individual sites is currently not an option.
sale in the event of insolvency
If the bankruptcy proceedings are opened, the head of Vögele can no longer prevent the batch sale, says Ebner of the KSV, Car, as soon as the appointed liquidator has resumed Negotiations, potential future customers could easily hire individual branches – and would probably receive them. "Then the free market forces win," says Karl Mayr. He runs the fashion company Fussl with his brother. Mayr shares the opinion that many in the industry speak in camera: The savior, who is interested in the entire network of Austrian agencies, n & # 's 39 is not in sight.
His chain Fussl with 155 stores in Austria and 16 in Bavaria certainly not this savior. "We have no interest in taking over Vögele – 90% of our locations overlap." But he was very interested in a dozen people in the east of Austria.
Krenn The call lasted two minutes and was unsuccessful so they moved to the owners of the desired branches.Since Krenn negotiates with the potential owners, Mayr is already negotiating with the owners In case of insolvency, Fussl is ready to invest millions.
And employees? Will you "look at yourself and adjust if necessary." At least that is more than what the Swiss colleague was promised in advance.
("Die Presse", printed edition, 31.07.2018) [19659011]
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