This message caused a sensation in the Mürztal: the traditional fashion house Fuchs had to register a bankruptcy in the fall, now everything is being done for renovation and continuation. Entrepreneur Ronald Fuchs is convinced that it will succeed: “There is no alternative.”
No trace of giving up or dismissal: in the “krone” discussion, the gaze of Ronald Fuchs is focused in the economic future of his long -established company. The styric fashion house has finally been around since 1914. At the end of November, bankruptcy was announced and a renovation process was requested without self -management. The creditors are now offered a quota of 20 percent and the decision will be made on 26 February. The first essential steps have already taken place.
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.