Family business Schuh Graf reports bankruptcy - branches remain open!

Family business Schuh Graf reports bankruptcy - branches remain open!

Bietigheim-Bissingen, Deutschland - Baden-Württemberg has to accept another setback in retail: The traditional family company Schuh Graf has filed for bankruptcy. This decision was approved by the Stuttgart District Court on June 3, 2025, and the business remains open for the time being. Around 160 employees are affected by the bankruptcy who work over 27 branches in Baden-Württemberg and one in Hesse. The shops, known among the "Schuh-Mann" and "Quick Schuh" brands, continue to be operated, which gives customers the opportunity to buy as usual. The salaries of the employees are secured for the next three months about the bankruptcy money of the Federal Employment Agency, which is a little ray of hope in this difficult time.

The company's economic problems are diverse. According to Ruhr24 are the weak economic situation and the growing prices Trend for online trading largely responsible for bankruptcy. These factors have led to the customer's retention. Managing Director Götz M. Graf is still optimistic and emphasizes the need for a strategic reorganization to make the company sustainable.

renovation in self -administration

To enable the renovation, the company has initiated a procedure in self -administration that allows him to keep control of his business, while a administrator, in this case Dr. Tibor Daniel Braun from the Illig Braun Kirschnek law firm, the progress monitors. This approach is intended to help analyze the structural problems and develop solutions in order to strengthen competitiveness in the long term. Steffen Beck from Pluta Rechtsanwalts GmbH heads the restructuring process and sees opportunities for sustainable repositioning.

The challenge is primarily in optimizing the operational lever, which means that both sales and cost structure must be examined. "We have already had constructive discussions with our business partners to negotiate new conditions," explains Managing Director Graf.

The challenges of the industry

The situation of Schuh Graf is not an isolated case, but reflects the generally tense conditions in inpatient retail. According to the legal portal anwalt.de requires the current economic location Prompt actions to cope with corporate crises. Early detection of possible symptoms of crisis, such as falling sales, is crucial. The use of specialist lawyers can help minimize liability risks for managing directors and set the course for successful renovation in good time.

Schuh Graf hopes for a positive turn of events in order to continue to be a sought-after contact in the shoe and fashion trade. The next few months will show whether the planned measures can take effect and the company can assert its place in the market.