Klinck hairdresser with 750 insolvent employees | NDR.de – News

As of: 29.11.2018 12:31 hours

The chain of hairdressers Kiel Klinck is in bankruptcy proceedings. The company filed a petition on Wednesday with the local court in Kiel. The court appointed Hamburg's lawyer, Jens-Sören Schröder, as insolvency administrator of the Klinck GmbH hairdressing business. According to Schröder, the company currently employs "close to 750 employees". It operates 95 salons in seven federal states – also under the brands Cut & Cash, F.B.I and TopHair. The focal points are Schleswig-Holstein, Hamburg and Mecklenburg-Vorpommern. On its homepage, the company describes itself as an employer of 1,000 employees.

Employees should receive money from bankruptcy

"The Klinck hairdresser remains open, business is going on," said Schröder. Salaries and wages of employees must be secured by money from bankruptcy. He will today ask for the pre-financing of the insolvency money from the responsible employment agency in Kiel, he explained.

Traditonsfriseur Klinck announces his bankruptcy

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News for Schleswig-Holstein
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29.11.2018 13:00 clock Author: Cbadandra Arden

The chain of hairdressers Kiel Klinck has filed for bankruptcy. However, as the Insolvency Administrator said, all salons must remain open, the salaries of some 750 employees are secure.

Insolvency Administrator: Declining sales cause problems

According to insolvency administrator Schröder, the looming insolvency is due to lower sales this year and the year before. This has led to bottlenecks in liquidity. Since Wednesday, Schröder has provided his own account with an overview of the financial situation of the company. Most salons would be in the dark, Schroeder said. For branches to which this does not apply, consider a sale or closure. The goal, however, is to keep the Klinck chain of hairdressers permanently.

The company celebrated its 90th anniversary this year. The managing directors are the granddaughters of the founders Wilhelm Klinck, Monika and Susanne Klinck.