The ailing fashion company Gerry Weber has also filed for insolvency in Austria. As the Westphalian clothing manufacturer announced in Halle on Friday, bankruptcy proceedings are expected to be opened.
HALLE/WESTFALEN (dpa-AFX) - Troubled clothing manufacturer Gerry Weber plans to close a large number of its stores in Germany in the coming months. A total of 122 of the 171 stores and outlets it currently still owns are to be closed by the end of Se.