Peek & Cloppenburg Düsseldorf Proposes Acquisition of Bankrupt Fashion Chain Sinn

The proposal includes maintaining Sinn's headquarters in Hagen and its 41 stores, pending creditor and regulatory approvals.

Peek & Cloppenburg Düsseldorf (P&C) has submitted a formal offer to acquire the insolvent clothing retailer Sinn GmbH.
The acquisition plan aims to preserve Sinn's operations, including its central office in Hagen and all 41 existing stores across Germany.
The proposal requires approval from Sinn's creditors, who are expected to decide in March, as well as clearance from Germany's Federal Cartel Office.
Sinn, which filed for self-administered insolvency in August 2024, has continued its business operations during the proceedings.
Other potential bidders, including Sinn's current shareholder Isabella Göbel, may also express interest in the company.