The Viennese online retailer Bambinifashion is insolvent. The company had already undergone a renovation process in 2023/2024. Now the Christmas company was left behind the expectations.
According to his own statements, the online retailer could no longer finance the second quota for the creditors and had to register bankruptcy. According to the Protectors creditor, a total of nine employees and 100 creditors are affected. The obligations are eight to nine million euros.
The fashion dealer of children passed a renovation process in 2023/2024. At that time, the creditors accepted a renovation plan with a quota of 21.5 percent. Only the five percent barcitat could be paid.
Future for employees insecure
The future for the nine employees is still uncertain. In the first procedure there were 31. “The insolvency manager who needs to be ordered will have to check whether the company can be continued or whether a closure is inevitable,” said Alexander Greifender of the Kreditschutzverband 1870.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
