Carl Semler in Pirmasens: The oldest shoe factory reports bankruptcy!
Carl Semler in Pirmasens: The oldest shoe factory reports bankruptcy!
The traditional Carl Semler shoe factory in Pirmasens, Rhineland-Palatinate, has registered bankruptcy on their own administration. The Pirmasens district court has granted the application to open insolvency proceedings. Founded in 1863, Carl Semler is considered the oldest still existing shoe factory in Germany. The step into the bankruptcy overview is an expression of the current economic challenges, which are due to a recession, market changes and severely increased costs in the shoe industry.
pirmasens was once a center of the shoe manufacturer in Germany, where many large shoe factories were based. However, numerous companies have closed in recent decades, which has a significant affair. Carl Semler is now also facing major financial problems. Despite the bankruptcy, the management plans to continue the production of women's shoes and to renovate the company in the bankruptcy proceedings. This was also confirmed by Rheinpfalz
insolvency proceedings and renovation target
The company currently employs 250 people. Your salaries for the months of January, February and March are covered by bankruptcy money, which initially offers a certain financial security. During the renovation process, the management keeps control of the company. She receives support from renovation expert Lukas Eisenhuth and the preliminary assistant Dennis Blank. The main goal of the renovation expert is to maintain as many jobs as possible and to secure the daily production of around 1,000 pairs of shoes in the long term.
In the past, the shoe industry in Germany was affected by numerous bankruptcies, which is documented by the publication of the Federal Statistical Office on March 15, 2024. The period of insolvency proceedings examined ranges from 2008 to 2023 and shows the increasing difficulties with which retail, especially in the shoe sector, is faced. This underlines the critical situation in which Carl Semler is also located. The development of bankruptcy cases illustrates the challenges that affect not only the traditional brand but the entire industry. In the future, it will have to be decided whether the renovation measure can successfully lead the oldest shoe factory in Germany to a stable future.| Details | |
|---|---|
| Quellen | |