For the second time
Viennese online retailer Bambinifashion goes bankrupt
The Viennese online retailer Bambinifashion is insolvent. The company had already undergone restructuring proceedings in 2023/2024. Christmas sales have now fallen short of expectations.
According to its own information, the online retailer was no longer able to finance the second installment to creditors and had to file for bankruptcy. According to the creditors' representatives, a total of nine employees and 100 creditors are affected. The liabilities amount to eight to nine million euros.
The children's fashion retailer already underwent restructuring proceedings in 2023/2024. At that time, the creditors accepted a restructuring plan with a quota of 21.5 percent. Only the five percent cash quota could be paid.
Uncertain future for employees
The future of the nine employees is still uncertain. The insolvency administrator yet to be appointed will have to examine whether the company can continue as a going concern or whether closure is unavoidable," said Alexander Greifeneder from Kreditschutzverband 1870.
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