Overview

• Up to 400 of roughly 2,400 German outlets are under review for possible closure, according to a Fashion United estimate cited by Chip.de.
• A company spokesperson said the store network is regularly assessed to protect the retailer’s financial health.
• KiK plans selective investment in existing branches and potential new locations, including outside Germany.
• Potential cuts would focus on locations deemed unprofitable or no longer viable.
• The process coincides with leadership turnover as CEO Patrick Zahn exits, former COO Dirk Ankenbrand left in July, and operational duties have been handled by Zahn on an interim basis without a named successor.