Overview
- Wormland submitted a new insolvency petition to the Osnabrück district court, marking its second filing since 2024.
- Osnabrück lawyer Stephan Michels was appointed provisional insolvency administrator and says operations will continue in full.
- All nine stores remain open and wages for roughly 250 employees are secured for three months via Germany’s insolvency benefit.
- Management cites weak demand for menswear and high prime-location rents as key pressures on profitability.
- The chain was acquired in 2024 by Lengermann & Trieschmann, whose CEO later acknowledged cost cuts came too late, and Michels reports initial investor interest for a potential restructuring.