Overview

• Creditors at Hagen District Court voted on April 28, 2025, to approve Dr. Isabella Goebel’s takeover plan for Sinn GmbH.
• The approved plan secures all 34 store locations and safeguards 1,500 jobs across the mid-market fashion chain.
• Goebel’s proposal prevailed over a competing bid from JC Switzerland Holding, ensuring continuity of ownership.
• The Hagen court is expected to formally close the insolvency proceedings in the coming weeks after procedural deadlines are met.
• Plans are advancing to relocate Sinn’s operations to Bottrop, with investor Oliver Helmke proposing a move to the former Karstadt property.