Shortly after bankruptcy
Fashion chain founder Hallhuber is dead
February 8, 2024, 12:26 p.m
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The founder of the Hallhuber fashion chain, Klaus Hallhuber, has died at the age of 76. Just a few months earlier, the final closure of all branches of the fashion retailer named after him had been announced.
The fashion chain founder Klaus Hallhuber is dead. This is reported by several media outlets. Hallhuber founded the now insolvent fashion company of the same name in Munich in 1977, which employed around 1,000 people until last year. Hallhuber himself left the company in 1995. At that time he sold the company to the Rosner clothing company. As a result, the fashion house changed hands several times.
The company filed for bankruptcy for the first time in 2021, followed by the second one last year. In the summer of 2023, the Munich District Court opened self-administration insolvency proceedings at the fashion chain. At that time, the company operated around 200 branches, but the online shop had already been closed. At that time, Hallhuber cited “multiple crises known to the market in the textile retail sector” and “the resulting massive losses in sales” as the reason for the insolvency proceedings.
According to the “Bild” newspaper, the final end followed later in the year. The final sales began in October and the rental agreements for the branches in Germany, Austria and Switzerland were terminated. According to an obituary in the “South German newspaper“At the end of January, the entrepreneur died on January 11th.