While 47 branches had to close nationally and eight franchisees were terminated, a Hallein partner of the Crisping Palmers Share Company remains positive. He regards the import of the investor as a good sign and strongly believes in the renovation of the company.
The bankruptcy of the domestic fashion company Palmers, registered in February, draws wide circles. An investor – a listed moderate – is supposed to stop the downward trend of the stock corporation. But: on March 31, the entire workforce of the in -House locations was already informed about a second wave of closure. The branch in Zell am Sta with around ten employees is now influenced by this. In the first wave it hit a branch in the Schwarzstraße of Salzburg. About 50 employees are currently the victims of the bankruptcy of Palmers in Salzburg.
Franchise partners are calm
Peter Ganzer runs a franchise branch of Palmers in the Salinenstadt Hallein. He sees little reason for himself and his company on the lower market in the old city and says: “I am firmly convinced that the renovation of the company succeeds. We have been informed today that the partnership stays upright and a well -known investor wants to start. That is something positive.”
Everything is one of the 46 domestic franchise partners of the heavily longing laundry. Eight domestic contracts with partners had to be terminated during the restructuring at Palmers. Heel: “We are not one of them. We are good with the sale.” That is why he is not worried and is convinced: “We are still open.”
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.
