Claudia Sträter and Promiss also fall under FNG. Another ten branches of the stores are open in our region.
The company tried to get extra money from banks, but it failed. Banks then claimed credit and blocked bank accounts, the company reports. As a result, there is no longer enough money to pay bills.
The problems at the fashion company existed before the corona crisis. In January, it was announced that the fourteen Promiss stores and 38 of the 48 of the Steps stores would close. The parent company wanted to bet on online sales.