Closed news and archive

Closed acquisition: Germany's Federal Cartel Office gives green light

The acquisition of Closed by the Böck entrepreneurial family and fashion manager Dieter Holzer can now proceed. Germany's Federal Cartel Office has approved the takeover of the insolvent Closed Group by capital-Home GmbH, the authority announced on Friday. Capital-Home GmbH also holds the majority of shares in the Marc O'Polo Group. “Although...

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Business

Dieter Holzer appointed new CEO of Closed following acquisition

It was announced a few days ago that the insolvent Hamburg-based fashion company Closed has found new owners. During a press conference on Monday, the parties involved revealed initial details about the brand's future. The purchase price, however, was not disclosed. Dieter Holzer will take over the management of the company as CEO and...

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Business|Updated

Successful investor search: insolvent fashion brand Closed has new owners

The insolvent German fashion brand Closed has been saved for now. On Thursday, the company announced the successful conclusion of its investor search, which began almost two months ago. The new owners of Closed are the Böck entrepreneurial family and experienced fashion manager Dieter Holzer. The Böck family owns the clothing company Marc O’Polo...

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Business

German fashion brand Closed files for insolvency

Hamburg-based Closed GmbH has filed for insolvency. The brand filed the application with the relevant district court in Hamburg on Tuesday. Stefan Denkhaus, a lawyer from the BRL law firm, has been appointed as the provisional insolvency administrator. The insolvency was necessary due to excessive debt and the associated financing costs....

Retail

German brand Closed set to expand to US in July with LA store opening

German fashion brand Closed is set to open its first US store in July at Platform shopping centre in Los Angeles. The store features more than 1,000 square feet of retail space and carries the brand’s handmade Italian denim, ready-to-wear, accessories, and lifestyle products. It comes three years after Closed launched its website in the US. “LA...

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Fashion

Leandra Medine Cohen to launch capsule collection with Closed

Leandra Medine Cohen, known as ‘Man Repeller’, is launching a capsule collection with German clothing brand, Closed in October. The six-piece collection will fuse Cohen’s “eclectic and witty style” with the brand’s contemporary design ethos, explained Closed in a statement. It will feature “casual wardrobe essentials” including a jacket, khaki...

Fashion

Closed and Candiani team up for biodegradable stretch denim collection

German fashion brand Closed has teamed up with Italian denim mill Candiani for a 100 percent degradable denim collection. The capsule collection, which comprises jeans and jackets for both women and men, is made using organic cotton and biodegradable stretch yarn Coreva, which is developed by Candiani. Traditionally metal buttons and studs have...

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Fashion

Candiani launches e-commerce site, marks occasion with limited-edition collab

Italian denim mill Candiani has launched its first online e-commerce platform and has partnered with German brand Closed for a limited-edition capsule collection to mark the occasion. The new Candiani Denim Store features a variety of limited-edition pieces exclusive to the store with brands such as Denham the Jeanmaker, Dondup, Blue of a Kind,...