After the insolvency
Fashion house plans new start: “There is no alternative!”
This news has caused quite a stir in the Mürztal: the traditional fashion house Fuchs had to file for insolvency in the fall, and now everything is being done to restructure and continue the business. Entrepreneur Ronald Fuchs is confident that it will succeed: "There is no alternative."
No sign of giving up or resignation: in the "Krone" interview, Ronald Fuchs looks to the economic future of his long-established company. After all, the Styrian fashion house has been in existence since 1914. At the end of November, it filed for insolvency and applied for restructuring proceedings without self-administration. The creditors are now being offered a 20 percent quota, and a decision will be made on February 26. The first important steps have already been taken.
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