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    ​KG Schuhkay enters protective shield proceedings

    2023-05-02T09:23:00Z

    Despite better-than-expected results, the Hamburg-based footwear retailer KG Schuhkay has launched a restructuring process under a protective shield procedure, as the business outlook was clouded by the fallout from the war in Ukraine, soaring inflation and a general change in consumer behavior since the autumn/winter 2022 season. The procedure, ...

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    Schuhkay ends bankruptcy proceedings after acquisition

    2021-02-22T16:06:00Z

    The Hamburg-based footwear retailer Schuhhaus Kay GmbH Co KG ended its bankruptcy proceedings and completed its overhaul as part of an asset deal. The company went into bankruptcy in November 2019 and proceedings were opened in early 2020. On Feb. 12, Berlin entrepreneur Steffen Liebich ...