BANKRUPT · Warning ListGermany
Germany · Department stores
Galeria
Four applications in six years. In my view, each rescue has bought time rather than a business that pays its way.
95/100FiledBANKRUPT MeterA court process has begun.
1Where it stands
A court process has begun.
Galeria filed an insolvency application on 2 October, its fourth in six years. Provisional proceedings began on 5 October.
2The signals
What the sources say.
- Fourth insolvency application in six years; provisional proceedings since 5 October. 83 stores, about 12,000 staff · cash-online.de
Every line links to its source. The Meter and the verdict are Max Noble’s analysis.
Next
The full case is coming.
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