Insolvency shock: Germany's oldest shoe factory is fighting for survival!

Insolvency shock: Germany's oldest shoe factory is fighting for survival!

The oldest shoe factory in Germany, Carl Semler, has registered bankruptcy on their own administration. This was announced on January 25, 2025. The decision was made after a massive decline in sales, which was caused by the persistent recession, market changes and increased costs in the shoe industry. Overall, the traditional company from Pirmasens, Rhineland-Palatinate, currently employs 250 people who are affected by this difficult situation.

The bankruptcy was approved by the Pirmasens district court, and the management is aimed at continuing to produce production in full. Carl Semler plans to continue to produce women's shoes, which aims not only on traditional care, but also to secure jobs in the region. The daily production is currently around 1,000 pairs of shoes, which is a sign of hope.

causes of bankruptcy

The reasons for bankruptcy are complex. In addition to the general economic deterioration, the competition in the shoe industry is very strong, which has led to noticeable sales declines. "Fewer customers and income" are direct consequences of these developments, as the company emphasizes. The renovation expert Lukas Eisenhuth has taken responsibility for the renovation process, while Dennis Blank acts as a preliminary actor.

It is rated as positive that the salaries of employees are secured by bankruptcy money in January, February, February and March. For the time after this phase, Carl Semler plans to pay salaries again. The company sees "good opportunities to successfully survive the bankruptcy in self -administration and to emerge from it", which spreads courage and confidence.

historical meaning and outlook

The Carl Semler shoe factory has a long tradition that goes back to 1863 when it was founded by Carl Semler. Historically, Pirmasens is known as the center of the shoe manufacturer in Germany. This tradition is to be continued despite the current challenges. The aim of the company is to maintain as many jobs as possible and boost production in order to emerge from bankruptcy.

Overall, the registration of bankruptcy is a drastic step for the company, which is in a critical phase of its history. Nevertheless, there is hope that the strategy of self -government's self -administration enables the challenges to master and to secure the traditional production in Pirmasens in the long term. Further information on bankruptcy reports and their backgrounds can be read on the website of Destatis