Fashion chain Hallhuber is to realign itself in insolvency proceedings under self-administration. The background to this is "market-known multiple crises in the textile retail trade" The previous management will continue to lead the company and will be monitored by the court-appointed trustee Christian Gerloff.
The shoe trade is also having a hard time. The well-known chain Reno is also currently in insolvent proceedings, and an investor was recently found for the traditional Hamburg chain Görtz.