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11

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2014

German luxury fashion house Strenesse files for insolvency



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The German football team have become dressed by simply rival German style home Hugo Boss. ($1=0.7234 euros) (Reporting by Alexander Huebner; Composing through Victoria Bryan; Editing by simply Greg Mahlich)



The family-owned company, which continues in order to be struggling with prom dresses on-line cheap its finances however seemed again http://fashionschools.com/ on the firmer footing throughout February when creditors agreed a brand new 12 million-euro ($16.6 million) bond, stated it would aim to restructure itself below insolvency proceedings.

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FRANKFURT, April 16 (Reuters) - German SiteSteer luxury manner organization Strenesse, once noted for dressing your German national football team from official events, has filed with regard to insolvency, it modest low-cost prom dresses mentioned in Wednesday.

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Strenesse, which is mainly active inside German-speaking countries, Italy, the United States, Japan and also eastern Europe, mainly designs women's clothing.

"We want to go back Strenesse to profitability https://www.kiwibox.com/unsuitable977/blog/entry/115038895/planning-the-perfect-prom-night/ as quickly as possible," lawyer Michael Pluta, who will act as chief restructuring officer, said.

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FRANKFURT, April 16 Wed Apr 16, 2014 12:03pm EDT

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Visit contributor brandon collins's site page.It employs about 360 individuals and has seen sales drop to around 50 million euros coming from over one hundred million from his or her peak.

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  • #2

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